Almost as abruptly as they collapsed, talks between Washington and Beijing will take place for the first time since the dialogue collapsed last month, with Robert Lighthizer saying he's planning on calling his counterpart, Vice Premier Liu He, the leader of China's trade delegation, to restart talks, Reuters reports.
US Trade Representative Robert Lighthizer said on Wednesday he would speak by telephone to Liu He, China's vice premier and chief negotiator in the trade talks, "In the next day and a half."
Gao Feng asked if China's demands for a trade deal were still tied to the three issues being met: "China's principles and basic stance on Sino-U.S. economic and trade consultations have always been clear and consistent, and China's core concerns must be properly resolved."
In what appeared to be a key paragraph from the report, Reuters said that although the upcoming trade talks between Xi and Trump are unlikely to immediately resolve major disagreements between the two sides, they could start a new phase in negotiations, Chinese state media said on Thursday.
The China Daily said in an editorial that both parties were "In the mood for serious dialogue" as a full-blown trade war was "Lose-lose." However, they were unlikely to wrap everything up in one meeting.
To be sure, China is still prepared to take the "Necessary measures" if the US follows through with plans to slap tariffs on another $300+ billion in imports.
Premier Li Keqiang said Thursday during a meeting with 19 multinational CEOs in Beijing that China would follow through with its promise to open up its market.
https://www.zerohedge.com/news/2019-06-20/us-china-restart-trade-talks-trump-xi-meeting-looms
US Trade Representative Robert Lighthizer said on Wednesday he would speak by telephone to Liu He, China's vice premier and chief negotiator in the trade talks, "In the next day and a half."
Gao Feng asked if China's demands for a trade deal were still tied to the three issues being met: "China's principles and basic stance on Sino-U.S. economic and trade consultations have always been clear and consistent, and China's core concerns must be properly resolved."
In what appeared to be a key paragraph from the report, Reuters said that although the upcoming trade talks between Xi and Trump are unlikely to immediately resolve major disagreements between the two sides, they could start a new phase in negotiations, Chinese state media said on Thursday.
The China Daily said in an editorial that both parties were "In the mood for serious dialogue" as a full-blown trade war was "Lose-lose." However, they were unlikely to wrap everything up in one meeting.
To be sure, China is still prepared to take the "Necessary measures" if the US follows through with plans to slap tariffs on another $300+ billion in imports.
Premier Li Keqiang said Thursday during a meeting with 19 multinational CEOs in Beijing that China would follow through with its promise to open up its market.
https://www.zerohedge.com/news/2019-06-20/us-china-restart-trade-talks-trump-xi-meeting-looms
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