U.S.,China begin two-day trade talks in Beijing
- 5 years ago
U.S. and Chinese officials started their first day of talks on Monday aimed at resolving their on-going trade dispute.
For more on this and other news around the world we turn to our Ro Aram…
Aram… This is the first vice-ministerial level meeting since Presidents Trump and Xi agreed to a 90-day cease fire in imposing tariffs.
That's right Mark…. The delegations of both sides are being led by both countries' respective deputy trade representatives.
But, there was a surprise appearance at the negotiations in Beijing by Liu He, China's vice premier and key economic adviser to President Xi.
As of yet there is no indication of what is being discussed, but China's foreign ministry expressed optimism.
"Both sides expressed will to work together to implement the consensus of two heads of state reached in talks in Argentina on December 1, 2018, and would hold positive and constructive talks to resolve China-U.S. disputes…."
The 90-day ceasefire has provided some relief to a year of escalated trade tensions between the world's two largest economies.
But, some economic experts are skeptical over whether any major breakthroughs will come out of the two-day meeting.
A range of thorny issues were expected to be covered, including tariffs, intellectual property protection and cyber-attacks.
For more on this and other news around the world we turn to our Ro Aram…
Aram… This is the first vice-ministerial level meeting since Presidents Trump and Xi agreed to a 90-day cease fire in imposing tariffs.
That's right Mark…. The delegations of both sides are being led by both countries' respective deputy trade representatives.
But, there was a surprise appearance at the negotiations in Beijing by Liu He, China's vice premier and key economic adviser to President Xi.
As of yet there is no indication of what is being discussed, but China's foreign ministry expressed optimism.
"Both sides expressed will to work together to implement the consensus of two heads of state reached in talks in Argentina on December 1, 2018, and would hold positive and constructive talks to resolve China-U.S. disputes…."
The 90-day ceasefire has provided some relief to a year of escalated trade tensions between the world's two largest economies.
But, some economic experts are skeptical over whether any major breakthroughs will come out of the two-day meeting.
A range of thorny issues were expected to be covered, including tariffs, intellectual property protection and cyber-attacks.