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Tuesday, October 8, 2019

Trade Talks Between US and China Underway in Washington

Deputy-level talks between the U.S. and China got underway in Washington Monday and are expected to continue today. The talks will then shift to higher-level officials on Thursday and Friday.
U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steve Mnuchin will meet Thursday and Friday with Chinese Vice Premier Liu He.
There have been both positive and negative signals emerging ahead of the talks.
Monday, President Donald Trump insisted there was a good possibility for a trade deal with China, but he did not signal when that could take place.
Trump administration officials and business leaders have discussed ways each side could make concessions to yield a mini deal, to delay the October 15 and December 15 tariffs or to jump start drawn-out negotiations, some sources and reports note.