US negotiators attended a working dinner in China on Thursday night. The group led by Trade Representative, Robert Lighthizer and Treasury Secretary, Steven Mnuchin met with Chinese Vice Premier Liu He in Beijing
Mnuchin said in a tweet on Friday that the talks were “constructive”. He further said that he looks forward to welcoming China’s Vice Premier to continue the discussions in Washington, next week.
There is optimism for progress around the US-China talks – Asian stocks rose on Friday.
US President, Donald J Trump on March 2018 signed a memorandum under section 301 of the US Trade Act of 1974, instructing the US Trade Representative to apply tariffs of $50 billion on Chinese goods.
By: Kgothatso Nkanyane