White House Economic Adviser Larry Kudlow said on Wednesday that trade talks between the United States and China are making progress, and both sides hope to be closer to this week’s agreement. < / p>

According to Reuters, the negotiators of the two countries are preparing for a new round of talks in Washington.

Kudlow told reporters that trade negotiations between the world's two largest economies had made good progress in the round held in Beijing last week.

Kudlow said that China had recognized problems in intellectual property theft and technology transfer and electronic piracy for the first time, as a result of trade talks.

He added that the American accusations against the Chinese telecom giant Huawei Technologies were not discussed in general during the trade talks.

Kodlow said that no decisions had been made on the customs duties on cars.

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