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China, US Resume High-Level Talks to Resolve Trade War - Commerce Ministry
China, US Resume High-Level Talks to Resolve Trade War - Commerce Ministry
Sputnik International
BEIJING (Sputnik) – China and the United States have resumed high-level bilateral consultations that will focus on resolving ongoing trade and economic... 15.11.2018, Sputnik International
2018-11-15T10:57+0000
2018-11-15T10:57+0000
2022-08-06T12:23+0000
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China, US Resume High-Level Talks to Resolve Trade War - Commerce Ministry
10:57 GMT 15.11.2018 (Updated: 12:23 GMT 06.08.2022) BEIJING (Sputnik) – China and the United States have resumed high-level bilateral consultations that will focus on resolving ongoing trade and economic disputes, the spokesman Gao Feng said Thursday.
"On November 1, the leaders of China and the United States had a telephone conversation, after which high-level bilateral contacts on trade and economic issues were resumed… The working groups of the two countries are currently maintaining close contacts in order to implement the agreements reached by the leaders in the telephone conversation," Gao Feng, the Chinese Commerce Ministry's spokesman told a briefing.
READ MORE: EU Sides With US in Criticism of China's 'Unfair' Trade Practices
14 November 2018, 12:00 GMT
China and the United States are currently engaged in a major trade spat that resulted from US Donald Trump introducing steel and aluminium import tariffs in March.
Tensions deepened in late May when Washington announced that $50 billion worth of Chinese goods would be subject to 25 per cent tariffs. Since then, the two countries have exchanged several rounds of trade duties against each other.
The United States has accused China of stealing trade secrets from US companies and of using "unfair trade practices," including dumping and higher tariffs on the goods exported from the US.
