U.S Officials Meet In China to Talk Trade

Today, top trade officials from the United States and China will meet in Hangzhou to discuss trade relations between the two countries, according to Business Week. Recent tension has added some much needed topics to the table to discuss, particularly protectionism.

Beginning in September, President Obama added 35% duties on China-produced tires. And earlier this month, the U.S. Government launch an investigation into whether to raise tariffs on Chinese-made steel pipes. The Chinese Government quickly responded by launching its own investigation into possible anti-dumping of chicken and auto parts by U.S.

Other topics the U.S trade representatives want to discuss are:

- undervalued Chinese currency

-and, China’s poor record of protecting intellectual property rights, such as software, movies and music

Check back for changes that come from today’s meeting.

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