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China, U.S. trade officials talk ahead of Trump-Xi meeting

Published 06/24/2019, 10:06 PM
Updated 06/24/2019, 10:06 PM
© Reuters. U.S.-China officials hold trade talks at the U.S. Trade Rpresentative's Office in Washington

SHANGHAI (Reuters) - Senior Chinese and U.S. trade officials spoke by telephone on Monday ahead of talks between Chinese President Xi Jinping and U.S. President Donald Trump set for later this week, as the world's two largest economies remain locked in a tariff war.

Trump and Xi are expected to meet on the second day of the Friday-Saturday Group of 20 summit in Japan, the first face-to-face meeting for the leaders since trade talks broke off in May.

Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, China's Ministry of Commerce said in a statement posted to its website on Tuesday morning.

During the call the Chinese and U.S. officials exchanged opinions on trade in accordance with the instructions of the two countries' heads of state, and agreed to maintain communications, the statement said.

China's official Xinhua News Agency said on Tuesday that the call took place at the request of U.S. officials.

A senior U.S. official said Monday that Trump views the meeting with Xi as a chance to see where Beijing stands on the two countries' trade war, and is "comfortable with any outcome."

Latest comments

I hope Xi and his kleptocrat buddies tick off the President so we can go forward with the necessary tariffs. It’s time to move on from this autocratic dictatorship, and focus on fair trade with allies.
It is very hard to do trades without China. China produces 90% of the goods. If you don't trade with China, then your house can become empty. The US companies has made their voices heard. If Trump can't get something done, we going down down down into a prolong recession. Japan experience the lost decades. US could experience the lost decades square. It will be painful for all of Trump can't satisfy Xi. Xi holds all numbers now. With one shake of his head, the market can crumbled.
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