The Latest: High-level US-China trade talks resume
Treasury Secretary Steve Mnuchin attends a meeting of senior U.S. and Chinese officials as they meet in the Indian Treaty Room of the Eisenhower Executive Office Building on the White House complex, during continuing meetings on U.S.-China trade, Thursday, Feb. 21, 2019, in Washington. (AP Photo/Jacquelyn Martin)
U.S. and Chinese delegations meet in the Indian Treaty Room in the Eisenhower Executive Office Building on the White House complex, during continuing meetings on the U.S.-China bilateral trade relationship, Thursday, Feb. 21, 2019, in Washington. Chinese Vice Premier Liu He, third from right, sits across the table from the U.S. delegation including President's Assistant for Economic Policy Larry Kudlow, third from left, Secretary of the Treasury Steven Mnuchin, U.S. Trade Representative Amb. Robert Lighthizer, Secretary of Commerce Wilbur Ross, seventh from left, and President's Assistant for Trade and Manufacturing Policy Peter Navarro. (AP Photo/Jacquelyn Martin)
The Latest on trade talks in Washington between the U.S. and China (all times local):
10:15 a.m.
High-level trade talks between the U.S and China have opened in Washington with a goal of easing a trade standoff that is clouding the global economy.
A Chinese delegation led by Vice Premier Liu He is meeting Thursday with a U.S. team led by Trade Representative Robert Lighthizer. They are striving to reach a deal by March 1 to head off an escalation of U.S. tariffs on hundreds of billions of dollars in Chinese goods.
The world's two biggest economies are locked in a trade war that started over allegations by President Donald Trump that China deploys predatory tactics in its bid to overtake U.S. technological dominance. China denies it engages in such behavior.
Trump slapped tariffs on Chinese goods to pressure China, which retaliated with tariffs against the U.S.