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Discover LudwigThe phrase "are negotiating" is correct and usable in written English.
It can be used to describe an ongoing process of discussion or bargaining between parties to reach an agreement.
Example: "The two companies are negotiating the terms of the merger to ensure a mutually beneficial outcome."
Alternatives: "are in talks" or "are discussing".
Dictionary
are negotiating
verb
To confer with others in order to come to terms or reach an agreement.
synonyms
Exact(58)
Lenders are negotiating loans.
"Yes, we are negotiating.
Judge Silverman: "You are negotiating.
They are negotiating.
We are negotiating.
Other contractors are negotiating tougher deals.
As of now we are negotiating.
Impoverished Kyrgyzstan and Armenia are negotiating entry.
"We are negotiating in good faith".
We are negotiating three ways".
The Yankees are negotiating in good faith.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com