China trade talks likely to need a ‘phase three,’ officials say

Published October 22, 2019 10:02pm ET



Trump administration officials are indicating that the trade agreement negotiated with Beijing earlier this month will likely require three stages of continuing negotiations to finish. The rhetorical shift — officials previously stated that they hoped to get it done in two — indicates that the talks are progressing slowly.

White House economic adviser Larry Kudlow said Tuesday that the administration is taking a “new approach” in the talks that involves addressing issues in a piecemeal fashion.

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