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        China lowers trade negotiation expectations


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They said that in theory Beijing wanted to end the trade war, but Chinese officials were not optimistic about the size or scope of the short-term agreement with Washington.
Trade and economic officials from China and the United States will meet in Washington on Thursday and Friday to try to end the 15-month trade war. Vice Premier Liu He of the State Council of China, U.S. Trade Representative Lettershire and Treasury Secretary Nuchin will participate in the negotiations.
If negotiations fail to make significant progress, Trump will impose a 30% tariff on $250 billion of Chinese imports to the United States starting next Tuesday, with the current tariff rate of 25%.
The South China Morning Post quoted anonymous sources as saying that the U.S. and China had not made progress in their deputy-level trade talks on Monday and Tuesday.
The report said that the Chinese delegation led by Liu He planned to leave Washington on Thursday, with only one day of negotiations between the two officials at the competent level.
Trump told reporters in Washington: "If we can reach an agreement, we will reach an agreement. This is a very good opportunity."
"In my opinion, China wants to reach an agreement more than I do," he added.
According to a Chinese official who understands the preparations for the talks and asks for anonymity, this week's Sino-US trade talks may be deadlocked. Asked about the possibility of reaching an agreement, the official said, "This is not an easy task to accomplish. Much preparatory work and consensus are needed between the two sides.
Chinese officials say it will take more time to improve trade or overall relations between the two countries.


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