U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He will participate in talks August 15 to assess the progress of the Phase One agreement with China, according to sources quoted by the Wall Street Journal.
The two will meet via videoconference with the focus expected to be on China's purchase commitments of U.S. agriculture, energy and manufactured goods while China is expected to raise the issue of the U.S. cracking down on Chinese tech companies.
This comes as China's Ambassador to the U.S. Cui Tiankai on Tuesday observed that the COVID-19 situation has impacted normal trade flows. Tiankai also commented that the “two economic teams have been in contact with each other,” a view that our trade sources have repeatedly signaled. He also noted that China was “doing its best to implement the deal.”
The session also comes as Chinese President Xi Jinping and other top leaders are set to meet for two weeks in the Chinese resort town of Beidaihe, a session typically aimed at discussing strategies and setting policies for key issues.
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