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USTR, Treasury defend Trump strategy on trade row with China
BEIJING — The U.S. Trade Representative and Treasury Department have issued a statement defending Washington’s strategy in its trade dispute with Beijing.
The statement seen on the USTR’s website Tuesday said the U.S. was “disappointed” by a report China issued over the weekend that accused the American side of backtracking in negotiations.
The two sides are in a stalemate after 11 rounds of talks over trade and technology issues that have led to both sides raising tariffs, among other retaliatory measures.