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Mr Trump also wants to cut the soaring USA trade deficit with China, which in 2017 hit a record US$375 billion, not including trade in services.

Trump will meet with Liu during the two-day talks, which are slated to open on January 30, U.S. officials said, as pressure mounts on both sides to reach a deal, with China in particular struggling with stuttering growth.

Washington has made its demands clear: China must agree to far-reaching "structural" reforms in its trade practices, curbing massive state intervention in markets and the alleged theft of American technological know-how, including through hacking and the forced transfer of intellectual property.

Since a year ago, the world's two largest economies have exchanged tit-for-tat tariffs on more than $360 billion in two-way trade, with the largest amount, more than $250 billion, imposed by Washington.

For the United States, the trade discussions will be led by United States Trade Representative (USTR) Robert Lighthizer and include Secretary of the Treasury Steven Mnuchin, Secretary of Commerce Wilbur Ross, Assistant to the President for Economic Policy Larry Kudlow, and Assistant to the President for Trade and Manufacturing Policy Peter Navarro.

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He'll start playing more foul-free minutes". "So it's exciting every time we come in here". It was a lot of fun". "So we faced similar kind of rosters, but as far as skill level".

China has been broadly affected by the weakened trade as it copes with slowing domestic demand. State media last month reported that lawmakers were considering new foreign investment regulations that would ban forced technological transfers - or the requirement that foreign companies fork over intellectual property as a condition for access to the big Chinese market.

"On Thursday, the President will meet with the Chinese Vice Premiere who is here this week for continued talks", Sanders said Monday. "We expect when we get a deal, that that deal will be enforced", he said.

Beijing and Washington have a month remaining on a truce - declared in December by Donald Trump and Xi Jinping - that delayed a hike in tariffs on hundreds of billions in Chinese exports economists say could further damage an already-faltering global economy.

The news was shared by United States treasury secretary Steven Mnuchin on Monday, and Mr Mnuchin said he expects "significant progress" at the meetings. "My expectation is that we will make significant progress". -China relations. In a 13-count indictment in Brooklyn, New York, the US government alleged Huawei, two affiliated companies and its chief financial officer of fraud and conspiracy in connection with deals in Iran. The tactic could backfire, he said in an interview with Bloomberg TV.

Huawei has been the target of a broad U.S. crackdown over allegations it has stolen trade secrets, violated sanctions against Iran and sold equipment that could be used by the China's Communist Party for spying.