Then what's next?<br />It seems that the broader issues are still in play.<br /><br /> Well experts say the outcome of the talks is generally positive.<br />But many point out that the agreement lacks specifics, especially on U.S. intellectual property or the treatment of Chinese tech giant ZTE, a sticking point between the two countries. <br />In the statement, they just agreed to strengthen cooperation on IP protections and that China will advance amendment to its patent laws. <br />There is also no dollar figure attached to the U.S. trade deficit with China. <br /> Just before the second trade talks, both countries were sharply at odds over a claim, made by White House Economic Advisor Larry Kudlow, who said China would slash its trade deficit with the U.S. by 200 billion dollars by 2020. <br />That characterization was disputed by Chinese officials. <br />So the fundamental differences on trade and other economic issues remain unresolved.<br /> The U.S. plans to send a team -- led by Commerce Secretary Wilbur Ross -- to China to hammer out the details. <br />So we'll have to see how that goes. <br />A trade war has been averted, but there still may be frictions along the way.<br /><br /> Thank you Hyesung for your explanation.<br /><br /> My pleasure, Semin. <br />
