Any trade deal between the U.S. and China will need enforcement mechanisms, an American business association official said.
This week, Chinese Vice Premier Liu He will visit Washington on Thursday and Friday to continue trade negotiations with the U.S., the Commerce Ministry in Beijing said.
On Bloomberg Radio explaining why when it comes to China, the US should focus on addressing our long-term structural issues rather than mistakenly focusing on our bilateral trade deficit. Relevant segment begins at the 9m 30s mark.
Segment on CNBC's Power Lunch discussing US trade talks with China and explaining why, given the size and complexity of the issues at stake, we should not expect a grand bargain to come out of these meetings.