The daily business briefing: February 19, 2019

Fresh U.S.-China trade talks get underway with deadline looming, Honda to close a factory in England, and more

A Honda hat
(Image credit: Matt Cardy/Getty Images)

1. New U.S.-China trade negotiations get underway as deadline looms

A new round of U.S.-China trade talks starts Tuesday in Washington. The discussions come after negotiations last week in Beijing, which both sides said resulted in progress. Lower-level officials will kick off the latest round of talks with higher-level meetings on Thursday and Friday, the White House said Monday. U.S. Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, economic adviser Larry Kudlow, and trade adviser Peter Navarro will participate, as will Chinese Vice Premier Liu He. U.S. tariffs on $200 billion in Chinese imports are set to more than double March 1 if there is no deal. President Trump has said he might extend the deadline if a deal is near. "We're making a lot of progress," he said Monday.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.