US-China trade talks to resume by phone in coming week, Donald Trump’s chief economic adviser Larry Kudlow says
- Trump and Xi Jinping agreed to restart negotiations at G20 summit in Japan, marking truce in trade war
- Kudlow says officials on both sides are having ‘lots of communications’ and will schedule face-to-face meetings
US and Chinese officials will talk by phone in the coming week as they seek to resolve the trade war between the two countries, said Larry Kudlow, US President Donald Trump’s chief economic adviser.
“They’re on the phone,” Kudlow told reporters at the White House on Wednesday. “They will be on the phone this coming week. And they will be scheduling face-to-face meetings. Lots of communications.”
Trump has said a new round of trade talks with China is under way, ending a stalemate in negotiations.
Trump and Chinese President Xi Jinping agreed to restart talks at the Group of 20 summit in Japan on Saturday, reflecting a truce in their trade war. Trump said he would hold off imposing an additional US$300 billion in tariffs as talks continued.
‘Flip-flopping’ Trump does little to boost Chinese confidence
Trump made the threat of more duties in May after he said China reneged on language that had previously been negotiated.
