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7/22/2019, 5:59 PM (Source: TeleTrader)
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US, Chinese trade delegations to meet next week - report

The United States' delegation led by the country's Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin should continue negotiations with their Chinese counterparts as soon as next week, the South China Morning Post reported on Monday. The said talks may be held in Beijing and would represent the first high-level dialogue since the leaders of the US and China, Donald Trump and Xi Jinping, met during the G20 summit. The trade talks, previously discontinued for two months, were announced to be continued by the end of June.

Sources familiar with the matter said that the discussions were scheduled after the latest detente in the trade war after Washington announced it would exempt a number of Chinese products from existing tariffs. ​In the meantime, the officials from China and the US have spoken by phone twice in July.

Earlier, Mnuchin said that the US is trying to get back on the "path of a lot of progress" in trade negotiations with Beijing, indicating that the next face-to-face meeting will be possible if the phone conversations with the Chinese Vice Premier Liu He went well.

Breaking the News / MA