China, U.S. Divided on Tariff Removal, Purchase Plans, Liu Says

Liu He, left, speaks with Robert Lighthize and Steven Mnuchin in Washington on May 10.Photographer: Alex Edelman/Bloomberg
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There are three main pointsBloomberg Terminal of contention between China and the U.S., Beijing’s chief negotiator told a group of reporters in Washington after talks ended, laying bare for the first time where China sees the fault-lines in the negotiations.

The talks ended Friday without any progress toward an agreement. The U.S. imposed higher tariffs earlier in the day on $200 billion worth of imports and set a one-month deadline for a deal, threatening to tariff the rest of goods it buys from China.