China

The two sides “are in the process of resolving outstanding issues,” according to USTR.

Enforcement still being discussed, as are issues involving forced technology transfer that “may slip into phase two.”

China has rolled out regulations it says will increase financial sector access for foreign firms and improve intellectual property rights, but analysts say those moves, coupled with a likely “phase-one” deal with the U.S., do not move the two sides closer to a deal on the structural issues cited by the U.S. as justification for tariffs on more than $360 billion worth of Chinese goods.

The Commerce Department’s Bureau of Industry and Security hopes to issue an advance notice of proposed rulemaking on export controls for foundational technologies by the end of the calendar year, and regulations on emerging technologies “shortly,” a BIS official said on Tuesday.

As the U.S. and China work to finalize a preliminary deal in Chile next month, analysts this week said the negotiations between the two likely would set the tone for discussions and possible outcomes at the Asia-Pacific Economic Cooperation summit where the deal, if finalized, is expected to be announced.

He spoke about the history of the Appellate Body conflict, China's role in the WTO and the future of trade policy during and after the Trump administration.

The U.S. on Monday objected to China’s request at the World Trade Organization to levy $2.4 billion worth of retaliation for countervailing duties on Chinese goods, sending the issue to a WTO arbitration panel.

A high-level discussion between Washington and Beijing on Friday led to progress on “specific issues,” according to the Office of the U.S. Trade Representative, which said the two sides were close to completing “some sections” of the initial pact.