US and China are ‘pretty far apart’ in trade talks: US Commerce Secy Wilbur Ross: Bloomberg

The US and China are engaged in a very high-level detailed dialogue (on trade) but remain "pretty far apart" at this point in time, US Commerce Secretary Wilbur Ross said. 

Ross along with Treasury Secretary Steven Mnuchinmet Chinese officials on May 3-4 in Beijing, to iron out trade issues but failed to reach consensus, however, both parties agreed to continue the talks. Accordingly, Chinese Vice Premier Liu He is set to visit Washington in the next couple weeks to continue trade discussion.