US-China Trade War Update: Talks Progressing, Trade Teams to Meet Soon?
White House Chief Economic Adviser Larry Kudlow expressed optimism over an upcoming in-person meeting between US and China trade teams..
White House Chief Economic Adviser Larry Kudlow expressed optimism over an upcoming in-person meeting between US and China trade teams as talks progress. He also hoped that China would begin importing agricultural products from the US soon as both sides try to work out their differences and implement a deal on trade soon.
The purchase of US agricultural products was one of the key issues that China went back on during the previous round of negotiations which broke down a few months, leading to both sides imposing more tariffs on each other’s goods.
According to a report on Bloomberg, US Trade Representative Robert Lighthizer and senior US officials are set to travel to Beijing on Monday. There has been no official confirmation of this news yet, but Kudlow’s optimism hints at talks moving forward. A face-to-face meeting would be the natural next step to take things towards signing a trade deal and ending the year-long trade war between the US and China.
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