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a new round of trade talks between the US and China is set to kick off on Tuesday the White House says the two sides will meet in Washington with follow up sessions at a higher level taking place later in the week China's vice premier and chief trade negotiator Lou Huff will be part of those talks he'll be touching down in Washington on Thursday this comes after last week's negotiations in Beijing ended without a deal on Friday president trump was positive about progress at the Beijing talks it only matters if we get it done but we're %HESITATION very much %HESITATION working very closely with China and president she who I respect a lot , very good relationship that we have and we're a lot closer than we ever were in this country with having a real trade deal officials had said last week's talks generated progress between the two trading partners prompting investors to become mildly optimistic that a compromise between the two countries could be reached by the March first deadline most southeast Asian stock markets closed higher on Monday but the White House says more work needs to be done to force changes in Chinese trade behavior US tariffs on two hundred billion dollars worth of Chinese goods are set to bump up from ten percent to twenty five percent if no deal is reached by the deadline