Trade deal called likely in Sino-US talks

China and the United States are expected to reach a trade deal in the latest talks in Washington, marking the most significant progress toward ending the monthslong trade disputes, experts said.

The assessment came as the world's two largest economies were scheduled to wrap up the seventh round of trade talks on Friday. Chinese Vice-Premier Liu He and US Trade Representative Robert Lighthizer headed the talks, which started on Thursday.

High-level officials from both sides attended the opening of the talks, including Governor of the People's Bank of China Yi Gang, US Treasury Secretary Steven Mnuchin and officials from the commerce and agricultural departments.