U.S. and China resume trade talks in Beijing | Money Talks

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will lead the delegation

China has lashed out at the United States in the wake of another "freedom of navigation" exercise conducted by the U.S. Navy in the South China Sea, accusing Washington of undermining "peace" and "security". This new deal would then give $1.38 billion in new funding to satisfy US President Trump's persistence for a new, physical barrier along the US-Mexico border.

Erin Ennis, senior vice president of the U.S.

"China urges the U.S.to immediately stop such provocative actions and earnestly respect the efforts by regional countries to maintain the peace and stability of the South China Sea".

The Arleigh Burke destroyers Spruance and Preble on Monday conducted freedom of navigation operations in the South China Sea "to challenge excessive maritime claims and preserve access to the waterways as governed by worldwide law", said Cmdr.

The official, speaking on condition of anonymity, said the two guided-missile destroyers travelled within 12 nautical miles of Mischief Reef in the disputed Spratly Islands.

During that operation, a Chinese destroyer came within 45 yards of the U.S. warship, forcing it to maneuver to avoid a collision.

Freedom of navigation operations, or FONOPS, are meant to remind other countries that all nations can operate in worldwide waters.

An airstrip, structures, and buildings on China's man-made Subi Reef in the Spratly chain of islands in the South China Sea. In January, China urged the U.S.to halt "provocative actions" after a USA guided-missile destroyer conducted sailed near the Paracel Islands, which are occupied by China and claimed by Vietnam. The operation was conducted to demonstrate that the U.S. "That is true in the South China Sea as in other places around the globe".

Chinese officials expressed tentative optimism about making a breakthrough in its trade dispute with the United States as the two sides resumed talks.

The operation came as the Trump administration has prepared for another round of trade talks with the Chinese government.

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will join higher principal-level talks Thursday and Friday. But Hua added that China believed resolving trade frictions through dialog was in the interests of both countries' people, and of global economic growth. They are also eager not to let the timing of a Trump-Xi meeting aimed at closing the deal slip much past the end of March.



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