Trade truce puts focus on next steps in US-China talks
By Sylvan Lane - 07/01/19 05:08 PM EDT
Trade truce puts focus on next steps in US-China talks
President Trump's trade truce with Chinese President Xi Jinping over the weekend brought a temporary pause to dueling tariffs between the world's largest economies, but the two leaders will soon need to forge a path toward a final deal to ensure the economic gains aren’t short-lived.
Trump and Xi did not set a timeline for further trade talks, nor did they appear to make significant progress over the stickier points of a broader agreement. And while Xi reportedly agreed to boost purchases of U.S. agricultural goods, Beijing has not committed to a host of economic reforms Washington has demanded in exchange for tariff relief.
“We're going to work with China on where we left off, to see if we can make a deal,†Trump said Saturday after meeting with Xi.
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https://thehill.com/policy/finance/trade/451236-trade-truce-puts-focus-on-next-steps-in-us-china-talks
