-
Important news
-
News
-
Shenzhen
-
China
-
World
-
Opinion
-
Sports
-
Kaleidoscope
-
Photo Highlights
-
Business
-
Markets
-
Business/Markets
-
World Economy
-
Speak Shenzhen
-
Leisure Highlights
-
Culture
-
Travel
-
Entertainment
-
Digital Paper
-
In depth
-
Weekend
-
Lifestyle
-
Diversions
-
Movies
-
Hotels
-
Special Report
-
Yes Teens
-
News Picks
-
Tech and Science
-
Glamour
-
Campus
-
Budding Writers
-
Fun
-
Futian Today
-
Advertorial
-
CHTF Special
-
FOCUS
-
Guide
-
Nanshan
-
Hit Bravo
-
People
-
Person of the week
-
Majors Forum
-
Shopping
-
Investment
-
Tech and Vogue
-
Junior Journalist Program
-
Currency Focus
-
Food Drink
-
Restaurants
-
Yearend Review
-
QINGDAO TODAY
在线翻译:
szdaily -> Business/Markets -> 
China-US trade talks to resume next week
    2019-07-26  08:53    Shenzhen Daily

TOP U.S. and Chinese negotiators will meet face-to-face next week for the first time since Presidents Xi Jinping and Donald Trump agreed to revive talks to end their year-long trade tensions.

The governments of the world’s largest economies have levied billions of dollars in tariffs on each other’s imports, disrupted global supply chains and shaken financial markets.

U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer will meet with Chinese Vice Premier Liu He for talks in Shanghai starting July 30, the White House said in a statement Wednesday.

“There’ll be a few more meetings before we get a deal done,” Mnuchin told reporters at the White House on Wednesday.

“I wouldn’t expect that we’ll resolve all the issues. But the fact that we’re back at the table at the direction of the two presidents is important.”

The discussions would cover a range of issues including intellectual property, agriculture and the trade balance, the White House said in the statement.

At a meeting with Xi in late June, Trump agreed to suspend a new round of tariffs on US$300 billion worth of imported Chinese consumer goods while the two sides resumed talks. The lead negotiators have since spoken by phone but not met face-to-face.

Trump said after his meeting with Xi that the United States would ease restrictions on Chinese tech giant Huawei Technologies and that China had agreed to make unspecified purchases of U.S. farm products.

Those purchases have yet to materialize, but White House economic advisor Larry Kudlow said Tuesday he hoped they would be made soon.

People familiar with next week’s meeting say it’s a positive step for talks overall but caution that it’s likely to feature a wide-ranging discussion of where things stand, rather than a chance for substantive negotiations. It’s still unclear what the starting point will be for deeper discussions. Talks collapsed in May because the two countries disagreed on draft terms of a deal.

On Monday, Trump and senior White House officials, including Mnuchin and Lighthizer, met with chief executives of U.S. technology companies in a step toward easing a ban on sales to Huawei.

U.S. National Economic Council Director Larry Kudlow told reporters Tuesday that the meeting was positive and cited it as one reason he’s optimistic that in-person talks with China were likely to resume soon.

(SD-Agencies)

深圳报业集团版权所有, 未经授权禁止复制; Copyright 2010, All Rights Reserved.
Shenzhen Daily E-mail:szdaily@szszd.com.cn