Trade war: China will send a negotiator to the United States in late August

Facebooktwittergoogle_plusredditpinterestlinkedinmail

A Chinese delegation led by Vice Minister of Commerce Wang Shouwen will travel to the United States for trade talks at the end of August. The announcement comes as Beijing next week imposes tariffs of 25% on US products, in response to Washington’s decision to tax new goods imported Chinese at the same date.

The China will send a senior official to the United States in late August to resume trade negotiations, first discussions of its kind for many weeks, announced Thursday, August 16, the Ministry of Commerce, at a time when trade tensions s’ stoke .

The White House is preparing to apply, August 23, new tariffs on $ 16 billion of additional Chinese goods.

China Welcomes Dialogue

Deputy Minister of Commerce Wang Shouwen will meet under-secretary of the Treasury in charge of international affairs, David Malpass, at the invitation of the United States, the ministry said in a statement.

“The Chinese side reaffirms its opposition to unilateralism and the practices of trade protectionism and that it does not accept any unilateral measure of trade restriction,” the ministry said. “China welcomes dialogue and communication on the basis of reciprocity, equality and integrity. ”

US Trade Secretary Wilbur Ross had discussions in Beijing in June on trade issues with Chinese Vice Premier Liu He.

But these talks had not helped to relieve tensions, and the United States had imposed in early July punitive tariffs on $ 34 billion of imported Chinese goods , to which the communist regime immediately responded.

The White House is preparing to apply next week new tariffs on $ 16 billion of additional Chinese goods.

Facebooktwittergoogle_plusredditpinterestlinkedinmail

Leave a Reply