U.S., China Trade Talks To Start Next Week

President Donald J. Trump and President Xi Jinping | July 8, 2017 (Official White House Photo by Shealah Craighead)

BEIJING – The United States and China will hold deputy-level trade discussions in Beijing for two days next week amid a trade war between the two countries that has rocked the international economy and thrown financial markets into disarray.

Deputy U.S. Trade Representative Jeffery Gerrish will take a working team to the Chinese capital to carry out “positive and constructive discussions” with vice-ministerial counterparts, China’s Ministry of Commerce said, reported Reuters news agency.

The ministry said that Beijing and Washington “confirmed” talks for Jan. 7-8 in a phone call on Friday morning without providing further details, the report said, ahead of a March deadlines to put an end to the trade war that was on Jan. 1 a paused by both countries.

U.S. President Donald Trump has previously said trade talks towards an agreement are moving along well but analysts point out that the Chinese government may hold against Washington’s demands for over trade imbalances, access and intellectual property abuses.

(c)Breaking911 – Eli Ridder