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US ‘not satisfied yet’ in China trade talks, White House official Says

U.S. trade delegation member Clete Willems

WASHINGTON —U.S. officials are “not satisfied yet” about all the issues standing in the way of a deal to end the U.S.-China trade war but made progress in talks with China last week, a top White House official said on Monday.

The United States and China have been embroiled in a tit-for-tat tariff battle since July 2018, roiling global financial markets and supply chains and costing both of the world’s two largest economies billions of dollars.

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U.S. officials are pressing China to make changes to address longstanding concerns over industrial subsidies, technology transfer and intellectual property rights.

The two sides wrapped up the latest round of talks in Washington late last week and will be resuming discussions this week remotely.

We’re making progress on a range of things, and there’s some stuff where we’re not satisfied yet,

Clete Willems, a top White House trade official, told Reuters on the sidelines of a U.S. Chamber of Commerce event on Monday.

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