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Hope for fruitful outcome from trade talks with Chi'

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  30 March 2018 12:00 AM GMT

Washington, March 29: US Trade Representative (USTR) Robert Lighthizer said that “there’s hope” that trade talks between the US and Chi could lead to a fruitful outcome. In an interview with CNBC, Lighthizer on Wednesday said the the USTR’s Office would announce a list of Chinese goods subject to potential tariffs “before very long”, based on the so-called Section 301 investigation against alleged Chinese technology transfer practices, Xinhua news agency reported. “Then we’ll go through a 60-day period where we’ll give the public a chance to comment on the good and the bad things in there,” he said, siglling that President Dold Trump’s administration wa unlikely to impose tariffs on Chinese goods until early June. Trump last week signed a memorandum that could impose tariffs on up to $60 billion of imports from Chi and restrictions on Chinese investment in the US. Asked on CNBC whether US negotiations with Chi could lead to the avoidance of tariffs or a fruitful outcome similar to the recent trade deal between the US and South Korea, Lighthizer said: “I think there is hope”. (IANS)

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