Details are still under discussion between the U.S. and China on high-level trade talks set for early October, according to China’s Commerce Ministry.
China is hopeful of making progress at the talks, Commerce Ministry spokesman Gao Feng said, pointing out that Chinese firms have made significant buys of U.S. pork and soybeans, purchases that are exempt from tariffs.
"We hope both sides can work together and take tangible actions to create favorable conditions for such cooperation," Gao said. He also reiterated a China view that they hope the U.S. will meet China half-way and find a win-win solution in the trade dispute.
China could buy even more U.S. farm products, according to Chinese Foreign Minister Wang Yi in New York. Asked by Reuters about the potential for more purchases, he said China would be willing to do so on products “needed by the Chinese market.”
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