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The Office of the U.S. Trade Representative this week released a list of additional products excluded from a first wave of Section 301 tariffs on $34 billion worth of Chinese goods.

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U.S. Trade Representative Robert Lighthizer is slated to meet with the Business Roundtable’s trade panel on Thursday to discuss the status of the U.S.-China talks, according to the group’s president and CEO, Joshua Bolten.

U.S. Trade Representative Robert Lighthizer on Tuesday said he hopes the U.S. and China are within weeks of reaching an agreement to reduce tariffs and trade barriers, but would not elaborate further on timing – or say whether he thought it would come to fruition.

A product-exclusion process for a third tranche of Section 301 tariffs on Chinese goods is needed only if they are raised from 10 percent to 25 percent, Senate Finance Committee Chairman Chuck Grassley (R-IA) said on Tuesday.

Senate Minority Leader Chuck Schumer (D-NY) on Monday warned President Trump against accepting a superficial trade deal with China, urging the president to walk away if he cannot extract sufficient concessions from Beijing.

Any U.S.-China trade deal on tariffs and trade barriers will mandate that China not competitively devalue its currency and include enforceable transparency requirements, U.S. Trade Representative Robert Lighthizer told the Senate Finance Committee on Tuesday.