China accuses US of arrogance for Xi criticism at rights forum

Exclusive: Satellite images reveal show of force by Chinese navy in South China Sea

Exclusive: Satellite images reveal show of force by Chinese navy in South China Sea

The Wall Street Journal said the discussions - led by China's economic "czar" Liu He, U.S. Treasury Secretary Steve Mnuchin and U.S. trade representative Robert Lighthizer - cover topics including manufacturing and financial services, citing anonymous sources close to the issue.

CHINA today lashed out at USA "economic intimidation" following President Donald Trump's announcement of new import tariffs, but said it was open to negotiations to resolve trade frictions. It called Trump's moves "self-defeating", and said they would "directly harm the interests of USA consumers, companies, and financial markets".

China purchased $2.6 billion of semiconductors from the USA last year, or 1 percent of China's total semiconductor imports, Chinese customs data shows. It said American market-opening requests covered the auto, finance and semiconductor industries. They included asking Beijing to reduce tariffs on American cars, increase spending on U.S. semiconductors and provide greater access to the Chinese financial sector, the Journal reported, citing unidentified people with knowledge of the matter.

"We're having very productive conversations with them", Mnuchin told Fox News Sunday, when discussing the talks.

A Treasury Department spokesperson declined to confirm the report.

Beijing, which rejects Trump's allegations, said that is ready to respond to the United States imports tariffs.

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La dependencia precisó que los 15 cuerpos presentaban huellas de tortura e impactos de bala . Mientras que el año pasado se reportaron mil 260 asesinatos.

According to experts, the burden of tariffs focuses more on politics now, because it is the reward to USA products from such industries as iron and steel, which operate in the central-northern part of the United States and supported Trump in the 2016 elections.

Besides, he forgot that a year ago, at the Davos Forum, Chinese President Xi Jinping warned that there will be no winners in that confrontation, because "the global economy is a big ocean from which no one can escape".

"Secretary Mnuchin called Liu He to congratulate him on the official announcement of his new role", the spokesman told Reuters.

"Exemptions on steel/aluminium tariffs have already been granted for other important trade partners (Canada, Mexico, EU), which suggests the USA president is using this approach more for negotiating leverage rather than any real intention to start a global trade war", wrote Mike van Dulken, head of research at Accendo Markets, noting a "measured" and "nuanced" response from China so far.

And "the chances of China making substantive changes to its practices on intellectual property are also low", Williams said, adding that the practices are seen in Beijing as "a key element" of efforts to develop the Chinese economy.

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