US-China trade talks to continue next week: Kudlow
The US and Chinese officials will talk by phone in the coming week as they seek to resolve a growing trade war between the two countries, said Larry Kudlow, President Donald Trump’s chief economic adviser. They’re on the phone, Kudlow told reporters at the White House on Wednesday. They will be on the phone this coming week. And they will be scheduling face-to-face meetings. Lots of communications.
Trump has said a new round of trade talks with China is underway, ending a stalemate between the two countries. Trump and Chinese President Xi Jinping agreed to restart talks at the Group of 20 summit in Japan on Saturday, reflecting a truce in their trade war. Trump said he would hold off imposing an additional $300 billion in tariffs as talks continued. Trump made the threat of more duties in May after he said China reneged on language that had previously been negotiated.— VoM