China and the United States are discussing the next round of face-to-face trade ...
BEIJING - China and the United States are discussing the next round of face-to-face trade talks scheduled in September, but hopes for progress hinge on whether Washington can create favorable conditions, China’s commerce ministry said on Thursday.
“The most important thing at the moment is to create necessary conditions for both sides to continue negotiations,” he said during a weekly briefing, adding that China was lodging “solemn representation” with the United States. Gao said China had “ample” countermeasures to retaliate against the planned U.S. tariffs, but talks in the current circumstances should focus on whether the tariffs could be canceled.
On Monday, Trump predicted a trade deal with China, saying he believed it was sincere about wanting to reach a deal, citing what he called increasing economic pressure on Beijing and job losses there.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China seen cutting key rates from September but moves likely gradualDeteriorating Sino-U.S. trade ties and interest rate reforms are fueling specula...
Read more »
Trade insiders say Trump’s botching chances of a China dealTrade insiders say Trump's aggressive moves with China are botching his chances for any long-term trade deal
Read more »
Trade Deal Or Not, China Is Investing Big In Synthetic BiologyFor China, synthetic biology is not just an academic pursuit: it’s a tool to achieve its national needs and achieve global technological leadership. Will the US follow suit?
Read more »
Exclusive: Boeing CEO eyes major aircraft order under any U.S.-China trade dealExclusive: Boeing's CEO tells Reuters that a major aircraft order from China could result from any trade deal with the U.S. Tit-for-tat tariffs have forced Boeing to walk a geopolitical tightrope for more than a year
Read more »
China says it didn't call U.S. trade negotiators, despite Trump's claim'I have not heard of this situation regarding the two calls that the U.S. mentioned in the weekend,' Foreign Ministry spokesman Geng Shuang.
Read more »
Fox News financial expert says investors don't think China trade deal is coming 'anytime soon''When the smoke is clear, when there is a sense of calm, the market will react to what's really going on in our economy,' Charles Payne said.
Read more »