US and China Agree on Additional Consultations on Trade Relations

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US Trade Representative Catherine Tai and Vice Premier of the PRC State Council Liu He held talks via video link. They agreed to hold additional consultations on the issue of trade relations. Ms. Tai expressed US concern over China’s “non-market policies and practices.”

“Tai and Vice Premier Liu He reviewed the progress of the US-China economic and trade agreement and agreed that the two sides will consult on some outstanding issues,” the trade representative’s office said in a statement. Twitter.

The parties are said to have recognized the importance of bilateral trade relations and their impact not only on the United States and China, but throughout the world. Ms. Tai said China’s non-market policies are damaging American workers, farmers and businesses.

This week, the US announced its readiness to exempt a number of tariffs on Chinese imports imposed by the Donald Trump administration. Tariffs, which average more than 15%, now cover US $ 370 billion in deliveries.

For more details, see the article “Kommersant” “Inflation Reduces Tariffs”.

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