US and Chinese negotiators will restart trade negotiations in Shanghai on Tuesday, July 30, \u201caimed at improving the trade relationship between the United States and China,\u201d according to the White House.<\/p>\n\n\n\n
\u201cThere\u2019ll be a few more meetings before we get a deal done,\u201d he later told reporters at the White House. \u201cI wouldn\u2019t expect that we\u2019ll resolve all the issues. But the fact that we\u2019re back at the table at the direction of the two presidents is important.\u201d The United States still has a long list of big items to tackle as talks resume after being sidelined in May, he said.<\/p>\n\n\n\n
US Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will lead the American team, while Chinese Vice Premier Liu He will lead negotiations for China, the White House said in a statement on Wednesday. Mnuchin earlier told CNBC he was hopeful progress could be made toward a deal and that more talks were likely to follow later in Washington.<\/p>\n\n\n\n
According to the White House, \u201cthe discussions will cover a range of issues, including intellectual property, forced technology transfer, non-tariff barriers, agriculture, services, the trade deficit, and enforcement.\u201d Mnuchin told CNBC that Shanghai held significance for the Chinese. \u201cI take that as good news that we\u2019ll be making progress next week,\u201d he said in the television network\u2019s interview.<\/p>\n\n\n\n
The United States and China, the world\u2019s two largest economies, are resuming negotiations amid an ongoing trade war that has rattled global markets. Chinese stocks rose on Wednesday, buoyed by signs the talks will restart.<\/p>\n","protected":false},"excerpt":{"rendered":"
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