US trade representative Robert Lighthizer (left), US Treasury Secretary Steven Mnuchin and Chinese Vice-Premier Liu He. Photo: AP

US demand that China commits to reforms in writing threatens to scupper trade talks

  • Washington refuses to accept verbal assurances but China is reluctant to make further structural reforms
  • Some government advisers in Beijing believe it would be better to accept higher tariffs than make ‘suicidal’ changes to country’s economic model
Topic |   US-China trade war

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US trade representative Robert Lighthizer (left), US Treasury Secretary Steven Mnuchin and Chinese Vice-Premier Liu He. Photo: AP
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