Top US trade officials head to China next week for new trade talks
Updated : March 20, 2019 06:33 AM IST
The resumption in face-to-face talks, the first since President Donald Trump delayed a March 1 deadline to raise tariffs on $200 billion worth of Chinese imports, marks an acceleration of the negotiations aimed at ending an eight-month trade war between the world's two largest economies.
The Wall Street Journal reported earlier that following next week's negotiation in Beijing, Chinese Vice Premier Liu He would travel to Washington the week of April 1 as the two sides aim for a deal by the end of the month.
Washington and Beijing have slapped import duties on hundreds of billions of dollars worth of each other's products in their dispute, raising costs, roiling financial markets, shrinking US farm exports and disrupting manufacturing supply chains.