• Fri. Jan 28th, 2022


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US, Chinese trade war envoys talk; no sign of negotiations

U.S. and Chinese trade envoys have talked by phone for the first time since President Joe Biden took office, but the two sides gave no sign when negotiations on ending their tariff war might restart

U.S. Trade Representative Katherine Tai discussed her “ongoing review” of the trade relationship, her office said in a statement. The Chinese Commerce Ministry said Vice Premier Liu. He raised “issues of common concern” but gave no details.

The two sides agreed in the “Phase 1” deal to suspend further tariff hikes on each other’s goods and to roll some back. China promised to buy more American soybeans and other exports. Beijing fell behind on meeting that commitment after the pandemic disrupted global trade.