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China still ready to discuss partial deal despite tech blacklist


Trade talks in Washington involving Commerce Secretary Wilbur Ross (from right), U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, Director of the National Economic Council Larry Kudlow and other Trump administration officials sit down with Chinese Vice Premier Liu He (from left), Central Bank Governor Yi Gang (2nd left) and other Chinese vice ministers and senior officials on Jan. 30, 2019.Chip Somodevilla | Getty Images News | Getty ImagesU.S. stock futures pushed higher Wednesday morning after a report suggested that Beijing is still willing to discuss a partial trade deal with Washington.Bloomberg reported, citing an official with direct knowledge of the negotiations, that China is still willing to talk about a possible agreement as long as no more tariffs are imposed by the President Donald Trump administration — including planned levies due this month and in December. The report added that Beijing would offer non-core concessions like purchases of agricultural products in return, but not budge on major sticking points between the two nations. The unnamed official said negotiators were not optimistic about securing a broad agreement that would fully end the trade conflict between the world’s two largest economies. Both sides are set for high-level trade negotiations in Washington on Thursday.This is a breaking news story, please check back later for more.

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