Markets have been anticipating more trade talks this year between Washington and Beijing. However, it appears that the U.S. could be preparing to ask for even more from China before a formal deal can be reached, according to a New York Times report on Monday. U.S. Trade Representative Robert Lighthizer has warned President Trump that additional tariffs on Chinese imports may be needed to get meaningful concessions in trade negotiations, the report said. Early last month the U.S. and China agreed to set a 90-day freeze on more tariffs as the two sides try to mend trade differences. They also set a self-imposed March 2 deadline. If a deal can’t be reached, the U.S. will likely increase existing tariffs on $200 bn worth of Chinese goods from 10 percent to 25 percent as well as impose duties on another $267 bn worth of Chinese goods. China would likely respond […]