Jun 03 2018
US Commerce Secretary Wilbur Ross started to meet officials in Beijing on Saturday for talks on China's promise to buy more American goods after Washington revived tensions by renewing its threat of higher tariffs on mainland hi-tech exports.
Mnuchin, speaking at a G7 finance leaders meeting in Canada where he was the target of United States allies' anger over steel and aluminium tariffs, said the China talks would cover other issues, including the Trump administration's desire to eliminate Chinese joint venture requirements and other policies that effectively force technology transfers.
USA treasury secretary Steven Mnuchin said on Saturday the United States wanted this weekend's talks to result in structural changes to China's economy, in addition to increased Chinese purchases of American goods.
China has also threatened to hit back with tit-for-tat tariffs on tens of billions of dollars in USA goods.
Ross, who was preceded in Beijing this week by more than 50 USA officials, was expected during the two-day visit to try to secure long-term purchases of US farm and energy commodities to help shrink a $375 billion trade deficit with China.
A White House statement last week, which took aim at years of "unfair" trade practices, warned the United States would pursue 25% tariffs on $50bn (£37bn) worth of Chinese imports.
The American Embassy in Beijing did not immediately respond to a request for comment.
Canada plans to impose tariffs of up to 25% on about $13bn worth of U.S. exports from 1 July.
Apple launches iOS 11.4
Bloomberg notes that Apple's long-promised parental controls will likely be tied into iOS 12's Digital Health feature, too. ARKit 2.0 will enable users to game against each other in the same virtual environment, according to the report.
US to push steel, aluminum tariffs on EU, Canada and Mexico
Getting rid of the exemptions for Canada and Mexico, meanwhile, could complicate ongoing negotiations on NAFTA. Ross spoke with top European Union officials in Paris Wednesday as part of a two-day meeting.
Liam Payne has revealed the release date of his debut solo album
We had to change restaurants three times, my mum got knocked over by a paparazzi, then I was like 'Right, I'm done". And Steve Mac, who has been working on Liam's record, previously promised it will feature "hit after hit".
The purchases are partly aimed at shrinking the $375 billion USA goods trade deficit with China.
He said Washington would use its move on Tuesday to slap punitive tariffs on Chinese imports as a bargaining chip.
On the Chinese side, officials including Commerce Minister Zhong Shan, Central Bank Governor Yi Gang, Vice Agricultural Minister Han Jun, and Li Fanrong, vice minister of national energy administration, accompanied Liu in the talks, according to a media pool report.
Beijing has resisted U.S. pressure to commit to a firm target of narrowing its annual surplus with the United States by $200 billion.
"Our meetings so far have been friendly and frank, and covered some useful topics about specific export items", Ross said.
Ross and Liu held a working dinner Saturday ahead of their talks.
The US pressure over technology policy reflects growing American concern about China's status as a potential competitor and complaints Beijing improperly subsidizes its fledgling industries and shields them from competition.
That might alienate allies who share complaints about Chinese technology policy and a flood of low-cost steel, aluminum and other exports they say are the result of improper subsidies and hurt foreign competitors.
May 31 2018
Parents of Parkland Victims Condemn ‘Active Shooter’ Video Game
Steam's owner, Valve, said the game's publisher and developer had a bad history with the company, which led to its cancellation. Ryan Petty , who lost his 14-year-old daughter Alaina Petty in the Parkland shooting in February, dubbed the game "despicable".
May 30 2018
Golden State Warriors beat Houston Rockets to reach National Basketball Association finals
But he was eliminated in the playoffs by James before he was with the Warriors, and that grudge could still be there to this day. In Game 6, for instance, Harden drove to the cup a game-high 21 times , according to NBA Advanced Stats.
May 29 2018
Gas prices nearing $3 gallon nationally
Jackson added that she'd like to go SC for the holiday, but gas prices are so high she sometimes has to choose between activities. As of Friday afternoon, the average price of regular gas in the area was $2.90, up from $2.15 on May 25, 2017.
May 27 2018
Ireland Overturns Abortion Ban in Landslide Vote
The decision is a major victory for Irish feminists , who have been fighting the law since it was introduced in 1983. The death of an Indian dentist ignited the abortion rights campaign in Ireland.
May 27 2018
China scolds USA for pulling invitation to major naval drill
The formation of islands, islets and reefs are also partially claimed by Brunei, Malaysia, the Philippines, Taiwan and Vietnam. China's expulsion from the drills was described as an "initial response", suggesting that there might be more to come.
May 26 2018
Armed Citizen Kills Gunman at Oklahoma City Restaurant
In one of his clips, he complains of a demon-possessed squirrel, and in another of his refrigerator attacking him. A gunman in Oklahoma City was killed Thursday after opening fire inside a restaurant, according to authorities.
May 25 2018
Harvey Weinstein has turned himself in. What's next?
Asked "what can you say?" he mildly shook his head and softly said "no". "The conversation will keep getting deeper", she said. The officials spoke Thursday to the AP on condition of anonymity because they weren't authorized to discuss the investigation.
May 23 2018
Hazard targets title to hint at Chelsea stay
Such was the frustration amongst Red Devils that a lot of them sent angry messages to Mourinho on his Instagram page. Courtois said: "Yeah, I think so".
May 18 2018
No Man's Sky will get cooperative multiplayer this July
Though multiplayer already exists in the game but Murray said this update will bring more interaction between players in the game. The new update will allow players to group, build, race, survive or just explore in the massive world of No Man's Sky .
May 18 2018
Lionel Messi gives his honest opinion on Neymar potentially joining Real Madrid
Real Madrid will be aiming to win their third successive Champions League title when they face Liverpool in the final in Kiev.
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