U.S., Japan, EU to meet on China ahead of Wednesday trade deal signing: USTR

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U.S., Japan, EU to meet on China ahead of Wednesday trade deal signing: USTR
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Top trade officials from the United States, Japan and the European Union will hu...

WASHINGTON - Top trade officials from the United States, Japan and the European Union will huddle in Washington on Tuesday to address non-market-oriented trade policies and subsidies by China, a day before Washington and Beijing finalize a preliminary trade deal.

U.S. Trade Representative Robert Lighthizer met Monday with his Japanese counterpart, Hiroshi Kajiyama, and will meet for bilateral talks with EU Trade Commissioner Phil Hogan on Thursday, a USTR spokesman said. The Information Technology & Innovation Foundation think-tank on Monday urged all three parties to abandon their recent bilateral, non-World Trade Organization measures against each other and focus instead on building a concerted response to what it described as China’s dangerous mercantilist practices.

Top economists and experts say the U.S.-China Phase 1 trade deal with China marks a positive step forward, but leaves many significant challenges to be resolved.

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