The United States and China agreed to hold high-level trade talks in early October in Washington, China's commerce ministry said recently. The announcement followed a meeting between Chinese vice premier Liu He, China's central bank governor Yi Gang, US Trade Representative (USTR) Robert Lighthizer and US treasury secretary Steven Mnuchin.
"Both sides agreed that they should work together and take practical actions to create good conditions for consultations," the ministry said.The United States and China agreed to hold high-level trade talks in early October in Washington, China's commerce ministry said recently. The announcement followed a meeting between Chinese vice premier Liu He, China's central bank governor Yi Gang, US Trade Representative (USTR) Robert Lighthizer and US treasury secretary Steven Mnuchin.#
Trade teams from the two countries will hold talks in mid-September before the high-level talks next month and both sides agreed to take actions to create favourable conditions, the ministry said.
An USTR spokesman also confirmed that Lighthizer and Mnuchin spoke with Liu and they agreed to hold ministerial-level trade talks in Washington, according to global newswires.
President Donald Trump recently warned he would be tougher on Beijing in a second term if trade talks dragged on. (DS)
ALCHEMPro News Desk – India
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