US-China Trade Issue Toward Ministerial Trade Negotiations in Washington at the beginning of next month September 5 13:38
Senior officials in charge of trade between the United States and China talked over the phone and agreed to hold a ministerial-level negotiation since July in Washington early next month.
According to the announcement by the Chinese Ministry of Commerce, Vice Chancellor Liu Tsuru, who is in charge of trade issues between the United States and China, the US Light Heiser Trade Representative, and Finance Minister Mnushin, talked over the phone on the 5th morning in Washington in early next month. Agreed to conduct ministerial trade negotiations.
The negotiations in the form of ministers are the first since the negotiations held in Shanghai, China at the end of July.
The Chinese Ministry of Commerce said that both countries will hold preliminary talks during this month to make substantial progress in this ministerial negotiation.
As for ministerial negotiations, the US and China took measures to add new tariffs to each other's products on the 1st of this month. However, it was decided to postpone the initial schedule for almost a month.
However, so far no major progress has been made over the sharply conflicting issues between the two countries, and the Trump administration is ready to raise the tariffs already added to some Chinese products on the 1st of next month. It is unclear how far the two sides can approach in the next ministerial negotiation.