White House correspondent Sarah Sanders announced that the two delegations will meet today, which will start the next round of talks. Lighthizer will lead as the main mediator, with Mnuchin, Ross, Kudlow and Navarro coming.
It was previously announced that China would be the main negotiating party. China's Deputy Prime Minister, Liu He, will be in Washington on 21 and 22 February. High-level negotiations will begin when he arrives in the US capital.
Both sides will focus on the much-needed structural changes in China that will affect trade. China's desire to buy a significant amount of goods and services from the US will be examined. Maybe soy.
If the Chinese feel pressure, however, negotiations are likely to fail and no bargain will be reached.
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