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US, China revive trade talks with low hopes for progress

Rhetoric on both sides has hardened despite the agreement in June by Presidents Donald Trump and Xi Jinping to revive efforts at ending the costly fight over China’s technology ambitions and trade surplus.

After the last talks in May, antagonisms worsened when the Trump administration imposed curbs on U.S. technology sales to Huawei, China’s leading tech champion.

US negotiators Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer are due to meet with Chinese counterparts in Shanghai for talks on Tuesday-Wednesday.

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