US And China Trade Negotiators To Resume Talks In October - TNBC USA

On Thursday, Beijing has informed that the United States and Chinese trade negotiators will resume trade talks in early October in Washington after the latest punitive tariffs have raised fears of a breakdown in the extended negotiations. 

The trade talks were supposed to take place this month, delayed after two new ways of tariffs were imposed on September 1. 

Early in the morning, Vice Premier Liu He had spoken with United States Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin over the phone, reported a Commerce Ministry statement, and agreed to “work together and take practical actions to create favorable conditions for consultations.”

The statement continued that the two sides would “maintain close communication” ahead of the trade talks. 

The top officials of both the nations had last met in July in Shanghai for a round of trade talks, which were termed as “constructive” but concluded without any announcements. 

The United States President Donald Trump has afterward announced that he would increase tariffs on over half-a-trillion dollars worth of imports in a new round of disciplinary measures, provoked Beijing to comment with fresh tariffs on the United States’ products worth $75 billion.

China has said that it had filed a complaint against the United States with the World Trade Organizations, one day after the new tariffs were imposed came into force by Washington. 

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