US, China reach agreement to resume economic talks

Sun Online Desk

12th January, 2020 02:10:39 printer

US, China reach agreement to resume economic talks

The United States and China have agreed to resume semiannual talks on economic and trade issues, according to a published report.

These discussions had been conducted in previous administrations but had been halted by the Trump administration.

The Wall Street Journal reported Saturday that the resumption of the talks, which were started in the George W. Bush administration and continued in the Obama administration, was set to be announced on Wednesday when the Trump administration signs a Phase One trade agreement with China in Washington.

The newspaper said that the new talks would be separate from negotiations over a Phase Two trade deal, which will cover a number of contentious issues involving Chinese policies that the Trump administration contends are unfair trade practices but were not resolved in the Phase One negotiations.


Source: AP