WASHINGTON: Top US and Chinese trade negotiators are due to speak by telephone in the coming days, but no face-to-face talks have been scheduled ...
WASHINGTON: Top US and Chinese trade negotiators are due to speak by telephone in the coming days, but no face-to-face talks have been scheduled yet, US Treasury Secretary Steven Mnuchin said on Monday .
As a result, Trump jacked up duty rates on US$200 billion in Chinese imports but agreed last month not to move forward with another US$300 billion in import duties.He said Monday the tariffs are starting to bite on the Chinese economy, which saw its economic growth hit the slowest pace in 27 years.
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