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10/28, 6:51 PM (Source: TeleTrader)
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US aims to reduce trade tensions with China - Tai

United States Trade Representative Katherine Tai (pictured) stated during a meeting on Thursday that the focus of her work with China is to reduce tensions in the trading relationship between the two states, describing the current matter of affairs as a "pile of dry tinder" ready to spark into a "giant fire".

"China has a huge market, a huge population - and they all need to be fed. It needs ag imports. That is something that we can supply," Tai said.

The statement followed Tai's engagement earlier this month with Chinese Vice Premier Liu He, during which the US side expressed its concern regarding Beijing's lack of compliance with the "Phase 1" trade agreement, while the Chinese delegation pressed to have trade tariffs lifted.

Breaking the News / LH