The first round of US-China trade war talks positive in Beijing

Trade negotiates US spokeswoman Robert Lighthizer and Secretary of Finance Steven Mnuchin while the Chinese Vice-Premier Liu's

Trade negotiates US spokeswoman Robert Lighthizer and Secretary of Finance Steven Mnuchin while the Chinese Vice-Premier Liu’s

Beijing … News Time

In order to stop the war to impose duty on imported goods between US and China, ongoing trade talks in Beijing between the two countries ended in a positive way. According to the AFP news agency, US officials said the next round of negotiations will begin next week. In trade talks Robert Lighthizer, a commercial spokesman from the US and Secretary Treasury Steven Mnuchin while China’s translation was Vice-Premier Liu.In this context, Steven Mnuchin told Twitter that I and Robert Lighthizer completed the first step in positive trade talks in Beijing. However, he was avoided to provide details about positive trade talks. He further added that we welcome China’s Deputy Prime Minister Liu’s negotiation process in Washington. It is clear that no statement was issued on the end of the talks by the spokesman of the two countries.

White House economist Larry Kudlow said in Washington on the other hand that negotiations can not be seen in the context of time, which can potentially continue for a week or a month. China’s trade minister said that there is more work yet to stop the commercial war, however, the direct talks between the two countries will be in Washington next week. It is clear that on March 22 last year, US President Donald Trump had signed the order to pay around $ 60 billion for Chinese products imports. After which China had increased the import duty to Renaissance 128 US products up to 25 percent. The US intends to impose further sanctions to control Chinese investment and export and will implement 25 percent tax on Chinese technology worth $ 50 billion. On the other hand, the US delegation advised Donald Trump to get rid of his decision.

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