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China announces preliminary agreement with US on trade

2019-11-01T21:37:45.677Z


The Chinese Ministry of Commerce announced that the Chinese and US negotiating teams reached a preliminary agreement on the issue


Beijing

The Chinese Ministry of Commerce announced that the Chinese and US negotiating teams reached a preliminary agreement on trade between the two countries.

Chinese Vice-Premier Liu He had a telephone conversation with US Trade Representative Robert Lighthizer and Treasury Secretary Stephen Mnuchin, and the two sides had "a serious and constructive discussion on how to address the main points of interest and reach an agreement," the Commerce Ministry said in a statement. On principles. ”

The ministry added: "The two sides also discussed the arrangement of the following discussions on the subject."

For his part, the US Trade Representative's office announced "progress in various areas" during the discussions with China, adding that the two sides are working to "resolve some separate issues."

Trade relations between China and the United States have recently witnessed severe tension that began when US President Donald Trump launched a trade war with China and imposed duties on Chinese imports and goods in a desperate attempt to pressure Beijing to make illegal trade concessions, which China responded with similar measures within its natural right of reply.

Source: sena

All business articles on 2019-11-01

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