Selasa, 07 Mei 2019

China to Send Senior Official to Trade Talks in Washington - The New York Times

China’s Commerce Ministry announced on Tuesday afternoon that Vice Premier Liu He, one of the country’s leading economic policymakers, would join a delegation of Chinese officials traveling to Washington for further trade talks on Thursday and Friday with the Trump administration.

Robert E. Lighthizer, the United States trade representative, and Treasury Secretary Steven Mnuchin had said at a news conference on Monday in Washington that they expected Chinese officials to come to Washington late this week for trade talks. But the participation of Mr. Liu may increase the odds of substantial progress on a deal. Mr. Liu is a close adviser and confidant of President Xi Jinping, China’s top leader.

Mr. Liu’s participation was thrown in doubt after President Trump announced in two tweets on Sunday that he would raise American tariffs on Friday to 25 percent from 10 percent for $200 billion a year worth of Chinese goods. Chinese officials, caught by surprise, were trying to decide whether Mr. Liu should go ahead with his planned Washington visit this week, which had been seen as potentially a final round of talks before the two sides reach a truce.

Mr. Mnuchin said on Monday that if the Chinese trade delegation brought a new proposal on Thursday, administration officials would review it and relay it to the president.

Mr. Lighthizer said that the administration’s current plan, however, is for the tariff increase to take effect at 12:01 a.m. on Friday.

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https://www.nytimes.com/2019/05/07/business/china-us-trade-talks-liu-he-.html

2019-05-07 06:54:13Z
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