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China and the US agree to meet in October for trade talks



Chinese and American flag on stand during the first Chinese International Import Exhibition in Shanghai.

Johannes Eisele | AFP | Getty Images

PAGE – China's Commerce Ministry said Thursday that US and Chinese trade leaders made a phone call in the morning and agreed to meet in early October for a new round of talks.

Liu He, China's top trade negotiator, talks with US Trade Representative Robert Lighthazer and Treasury Secretary Steven Mnuchin, according to a Commerce Department statement, according to a CNBC translation of the text in Chinese.

In a statement to CNBC, a spokesman for a spokesman for the US sales representative confirmed the phone call, but not the October meeting.

Beijing states that the two sides have agreed to hold another round of trade talks in Washington, DC, early next month, and consultations will be held in mid-September in preparation.

have agreed that they should work together and take practical steps to create favorable conditions for negotiations, "according to a CNBC translation of a statement by the Chinese Ministry of Commerce.

The USTR spokesman merely acknowledged that the two parties "agreed to hold ministerial meetings in Washington in the coming weeks" and that the deputy-level meetings will be held in mid-September "to lay the groundwork for meaningful progress. . "

Previously, both sides had said they would meet in September. Trade tensions between the two largest economies in the world have escalated in the last few weeks. The latest round of billions of dollars worth of goods from each country has entered.

Chinese Minister of Commerce Zhong Shan, Governor of the People's Bank of China Yi Gang and Ning Jidze, Vice-Chairman of China's Top Economic Planning Authority, National Development and Reform Commission risaedini the call according to the statement.

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1; contributed to this report emae Dzhavars by CNBC.


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