BFF-09 US, China to resume trade talks in Washington in October

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BFF-09

CHINA-US-DIPLOMACY-TRADE

US, China to resume trade talks in Washington in October

BEIJING, Sept 5, 2019 (BSS/AFP) – Beijing said Thursday US and Chinese
trade negotiators will resume talks in Washington in early October after new
punitive tariffs raised fears of a breakdown in the protracted negotiations.

The talks, which were originally supposed to take place this month, come
after new two-way tariffs were imposed on September 1.

Vice Premier Liu He spoke with US Trade Representative Robert Lighthizer
and Treasury Secretary Steven Mnuchin on the phone on Thursday morning,
according to a commerce ministry statement, and agreed to “work together and
take practical actions to create favourable conditions for consultations”.

The statement said the two sides would “maintain close communication”
ahead of the talks.

The top officials last met in Shanghai in July for a round of trade talks,
which were described as “constructive” but ended with no announcements.

US President Donald Trump announced afterwards he would increase tariffs
on more than half-a-trillion dollars worth of imports in a new round of
punitive measures, prompting Beijing to respond with fresh tariffs on US
goods worth $75 billion.

This week, China said it had lodged a complaint against the US with the
World Trade Organization (WTO), one day after new tariffs imposed by
Washington came into force.

BSS/AFP/FI/ 0810 hrs