China’s Liu Said to Visit US on Jan. 30 to 31 for Trade Talks

January 11, 2019

By Saleha Mohsin and Jenny Leonard

WASHINGTON — Chinese Vice Premier Liu He is set to visit Washington on Jan. 30 and 31 for further trade talks, according to people familiar with the plans, signaling progress in efforts to tamp down the dispute between the U.S. and China.

Liu would meet with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, according to the people, who declined to be identified because the details haven’t been made public. The visit’s timing could still change, one of the people said. The Wall Street Journal reported the dates earlier.

Mnuchin had flagged the trip to reporters on Thursday at the Capitol in Washington, where he said “the current intent” is for Liu to visit later in the month and that he doesn’t expect the partial government shutdown to interfere with those plans.

Negotiators from both the U.S. and China expressed optimism after mid-level talks wrapped up in Beijing this week, bolstering sentiment across global markets.

China and the U.S. will move ahead with the trade talks as scheduled, Chinese Ministry of Commerce spokesman Gao Feng told reporters in Beijing at a regular weekly briefing on Thursday. He didn’t give any further details about when they would take place.

———

Steven Yang contributed to this report.

———

©2019 Bloomberg News

Visit Bloomberg News at www.bloomberg.com

Distributed by Tribune Content Agency, LLC.

Trade

NAFTA Replacement Leaves Some Longstanding Issues In Place Trade
NAFTA Replacement Leaves Some Longstanding Issues In Place
March 19, 2019
by Dan McCue

A fix for the documentation glitch isn't the only issue National Association of Foreign Trade Zones would like to see addressed in the USMCA implementing legislation. Erik Autor, president of the association,  said his members long felt that rules established under NAFTA directly discriminated against the... Read More

Foreign Trade Zones, Long Engines of U.S. Economic Development, Now Face Trade Policy Challenges Trade
Foreign Trade Zones, Long Engines of U.S. Economic Development, Now Face Trade Policy Challenges
March 19, 2019
by Dan McCue

Most of us don't think much about foreign trade zones. The phrase itself suggests "other" and "offshore" and somehow "separate." The reality, however, is that foreign trade zones, right here on U.S. soil, play a critical role in economic development and in inviting international investment in... Read More

New Democrat Coalition Releases Trade Task Force Goals for the 116th Congress Trade
New Democrat Coalition Releases Trade Task Force Goals for the 116th Congress
March 15, 2019
by TWN Staff

This week, the New Democrat Coalition Trade Task Force revealed their goals for the 116th Congress. The task force works to advance a U.S. trade agenda that grows the economy, creates U.S. jobs, and ensures the United States sets the rules for a level playing field... Read More

US Trade Deficit Surged to 10-Year High In December Trade
US Trade Deficit Surged to 10-Year High In December
March 6, 2019
by Dan McCue

The United States' trade deficit surged to a 10-year high in December, reaching $59.8 billion despite the Trump administration's efforts to end and renegotiate trade deals the president claims place the nation at an economic disadvantage. Figures released by the Commerce Department Wednesday also show that... Read More

Trump Again Delays Tariff Increase on Chinese Goods, Claiming Progress in Trade Talks Trade
Trump Again Delays Tariff Increase on Chinese Goods, Claiming Progress in Trade Talks

WASHINGTON — President Donald Trump on Sunday again put off a self-imposed deadline for raising tariffs on Chinese imported goods, saying negotiators for the United States and China made “substantial progress”... Read More

Trump Open to Letting March 1 Deadline for China Tariffs Slide Trade
Trump Open to Letting March 1 Deadline for China Tariffs Slide

WASHINGTON — President Donald Trump said he is open to letting a March 1 deadline to raise tariffs on Chinese products pass without penalty if the two sides are near an agreement, sending a conciliatory signal as talks to resolve a trade war between countries continue. Read More

Straight From The Well
scroll top