White House reports progress in China trade talks

The White House says it is making progress in talks with China on trade.
 
A team led by U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerChinese, US negotiators fine-tuning details of trade agreement: report The Trump economy keeps roaring ahead Trump says no discussion of extending deadline in Chinese trade talks MORE and Treasury Secretary Steven MnuchinSteven Terner MnuchinThe Hill's Morning Report - Presented by JUUL Labs - Trump attack on progressive Dems draws sharp rebuke GOP struggles to find backup plan for avoiding debt default Pelosi calls for spending parity in budget agreement MORE met with negotiators in China this week to seek changes to the U.S.-China trade relationship that might allow the lifting of tariffs imposed on Chinese imports by President TrumpDonald John TrumpCNN's Camerota clashes with Trump's immigration head over president's tweet LA Times editorial board labels Trump 'Bigot-in-Chief' Trump complains of 'fake polls' after surveys show him trailing multiple Democratic candidates MORE.
 
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China responded to those imports with its own actions, which have led to steep cuts in sales of soybeans and other products in China from U.S. farmers.
 
"The two parties continued to make progress during candid and constructive discussions on the negotiations and important next steps," the statement Friday from the White House said.
 
Chinese Premier Li Keqiang said Thursday that the country would expand access for foreign financial firms in China.
 
Last year, Trump imposed steep tariffs on $250 billion worth of Chinese imports in a bid to pressure Beijing on a range of issues that include intellectual property and technology transfer.
 
The talks have dragged, and a planned meeting between Trump and Chinese President Xi Jinping was postponed until April.
 
In a Tweet, Mnuchin said he looked forward to continuing the talks.