US Treasury in a report to Congress:

  • Says it would be 'unrealistic' to expect success in negotiating new WTO rules aimed at changing China's 'mercantilist' trade policies
  • The United States intends to 'hold China accountable' for unfair, market-distorting trade practices that hurt US workers, businesses, farmers or ranchers

OK. Well, this might be a dampener on continuing trade talks between the two countries.

Headlines via Reuters