White House confirms new trade talks with China

The White House confirmed on Monday a new round of planned trade talks with China.

"Today, President Donald J. Trump announced that the United States will welcome an official delegation from China for a series of meetings starting on February 19, 2019, to discuss the trade relationship between the two countries," White House press secretary Sarah Huckabee Sanders said in a statement.

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Treasury Secretary Steven MnuchinSteven Terner MnuchinBolton exit provokes questions about Trump shift on Iran Trump called out for 'my favorite dictator' while awaiting Egyptian leader at summit: report Romney opposes Trump taking executive action to reduce capital gains taxes MORE and U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerOn The Money: Economy adds 164K jobs in July | Trump signs two-year budget deal, but border showdown looms | US, EU strike deal on beef exports Chinese, US negotiators fine-tuning details of trade agreement: report The Trump economy keeps roaring ahead MORE met with Chinese President Xi Jinping on Friday after a week of senior-level meetings in Beijing to discuss the trade conflict the two countries are engulfed in.

Lighthizer will lead the Tuesday meetings for the U.S. side along with Mnuchin, Secretary of Commerce Wilbur RossWilbur Louis RossNOAA chief praises agency scientists after statement backing up Trump tweet Democrats ramp up calls to investigate NOAA Overnight Energy: House moves to block Trump drilling | House GOP rolls out proposal to counter offshore drilling ban | calls mount for NOAA probe MORE, economic adviser Larry Kudlow, and trade adviser Peter Navarro.

Plans for ongoing talks were made between Trump and Xi during the Group of 20 summit in Buenos Aires in December.

The leaders agreed to 90 days of negotiations to resolve the trade conflict between the two nations.

According to the White House, China and the U.S. "will also discuss China’s pledge to purchase a substantial amount of goods and services from the United States." 

The White House has said that if the two countries do not reach a deal, existing 10 percent tariffs on $200 billion in Chinese imports will be increased to 25 percent.

The U.S. is reportedly pressing China to agree to guidelines on intellectual property, technology theft and non-tariff trade barriers.