Trump stays bullish on U.S.-China trade talks
- 5 years ago
U.S. President Donald Trump says the on-going trade talks with China are going very well.
But details of the discussion remain far and few between right now.
For more on this and other news around the world we turn to our Ro Aram…
Aram….from little we know,... are we seeing any progress?
Well Mark… it's hard to tell at the moment because, as you said, those involved in the trade talks have kept details very close to their chests.
The two-day talks were scheduled to end Tuesday, but reports suggest meetings will continue beyond that.
Officials are refusing to give reasons for the extension.
President Trump continues to be optimistic, tweeting the talks are going very well.
China's foreign ministry also made a similar assessment.
But it again rejected Trump's claim that Beijing is engaging in trade talks due to what he described as China's slumping economy.
"……As for whether the Chinese economy is good or not, like I said just now, China's development has enough resilience and huge potential and we are fully confident that the fundamentals of the Chinese economy will remain sound for a long term."
The vice-ministerial level meeting was briefly attended by Liu He, Chinese President Xi Jinping's chief economic advisor, signaling a possible sense of urgency from Beijing.
Liu led a previous round of talks in Washington last year that ended in failure.
He is expected to meet chief U.S. Trade Representative Robert Lighthizer later this month.
But details of the discussion remain far and few between right now.
For more on this and other news around the world we turn to our Ro Aram…
Aram….from little we know,... are we seeing any progress?
Well Mark… it's hard to tell at the moment because, as you said, those involved in the trade talks have kept details very close to their chests.
The two-day talks were scheduled to end Tuesday, but reports suggest meetings will continue beyond that.
Officials are refusing to give reasons for the extension.
President Trump continues to be optimistic, tweeting the talks are going very well.
China's foreign ministry also made a similar assessment.
But it again rejected Trump's claim that Beijing is engaging in trade talks due to what he described as China's slumping economy.
"……As for whether the Chinese economy is good or not, like I said just now, China's development has enough resilience and huge potential and we are fully confident that the fundamentals of the Chinese economy will remain sound for a long term."
The vice-ministerial level meeting was briefly attended by Liu He, Chinese President Xi Jinping's chief economic advisor, signaling a possible sense of urgency from Beijing.
Liu led a previous round of talks in Washington last year that ended in failure.
He is expected to meet chief U.S. Trade Representative Robert Lighthizer later this month.