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U.S. Commerce Secretary, Chinese Vice Premier set for Sunday talks amid trade row

BEIJING (Reuters) – U.S. Commerce Secretary Wilbur Ross is expected to meet Chinese Vice Premier Liu He on Sunday, a U.S. government official said, as officials from the world’s two biggest economies try to calm an escalating trade spat that has rattled financial markets.

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Exclusive: U.S. may soon claim up to $1.7 billion penalty from China’s ZTE – sources

(Reuters) – The Trump administration may soon claim as much as $1.7 billion penalty from ZTE Corp , as it looks to punish and tighten control over the Chinese telecommunications company before allowing it back into business, according to people familiar with the matter.

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