china us trade

The Chinese Ministry of Commerce said on July 25 that representatives of China and the United States will hold the 12th round of China-US high-level economic and trade consultations in Shanghai from July 30 to July 31.

The Ministry of Commerce said that this consultation was to implement the important consensus reached during the meeting between the two heads of state in Osaka, Japan.

The US White House also said on July 24 that representatives of China and the United States will resume trade talks in Shanghai on July 30, with the aim of improving trade relations between China and the United States.

According to the White House, US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer will lead a delegation to visit China. Chinese representatives are officials such as Liu He, Vice Premier of the State Council.

Mnuchin: It is very likely that negotiations will continue in Washington.

Mnuchin said earlier to the US media CNBC that he hopes that the talks will bring progress and move in the direction of reaching an agreement. It is also said that the two sides are likely to continue trade negotiations in Washington, USA. He also told reporters at the White House that “there will be several more meetings before the two parties reach an agreement.”

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