No agreement yet in US-China trade talks

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RESTRICTIONS: Broadcast: NO USE JAPAN, NO USE TAIWAN Digital: NO USE JAPAN, NO USE TAIWAN
The U.S. and China have not yet an accord in crucial trade talks, reports The South China Morning Post.

Beijing and Washington continue to disagree on matters such as equal market access and protection of intellectual property during trade talks.

According to Business Insider, both sides are seeking to lower tariffs and ease trade tensions.

Anonymous sources told The New York Times, the U.S. wants to create a process that will increase taxes on Chinese products if its American exports continue to rise.

If a trade deal isn't locked in by March 1, the US will raise taxes from 10 to 25 percent on US$200 billion worth of Chinese products, Business Insider reports.

US President Donald Trump is considering pushing the deadline back by 60 days, Bloomberg reports.

The South China Morning Post reports the talks are currently being conducted by US trade representative Robert E. Lighthizer, US treasury secretary Steven Mnuchin and Chinese Vice-Premier Liu He.

If they can't reach an agreement, President Trump and Chinese President Xi Jinping might have to hold a meeting to hash out a deal.

RUNDOWN SHOWS:
1. A Chinese flag, the US flag, along with a market access icon and an intellectual property icon
2. What the both sides are seeking
3. Chinese products and a vertical bar graph
4. US flag and two calendar icons

VOICEOVER (in English):
"The South China Morning Post reports that China and the US continue to disagree on matters such as equal market access and protection of intellectual property."

"According to Business Insider, both sides are seeking to lower tariffs and ease trade tensions."

"Business Insider reports that if a trade deal isn't locked in by March 1, the US will raise taxes from 10 to 25 percent on US$200 billion worth of Chinese products."

"Bloomberg reports US President Donald Trump is considering pushing the deadline back by 60 days."

SOURCES: The South China Morning Post, Business Insider, Bloomberg, CNBC, The Washington Post, The New York Times,
https://www.scmp.com/news/china/diplomacy/article/2186228/trade-war-talks-china-and-us-said-be-far-apart-framework
https://www.businessinsider.com/trump-china-trade-war-negotiations-tariffs-march-1-deadline-2019-2
https://www.bloomberg.com/news/articles/2019-02-14/u-s-china-trade-teams-said-to-be-far-apart-on-reform-demands
https://www.cnbc.com/2019/02/14/us-china-trade-deal-may-not-be-the-catalyst.html
https://www.washingtonpost.com/world/in-pursuing-a-trade-deal-the-us-may-be-asking-china-to-do-the-unthinkable/2019/02/14/2cdf9ad6-3067-11e9-ac6c-14eea99d5e24_story.html?noredirect=on&utm_term=.26332b7d4ec0
https://www.nytimes.com/2019/02/12/business/us-china-trade-talks.html?action=click&module=Top%20Stories&pgtype=Homepage