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Beijing warns of more uncertainty in trade war negotiations despite ‘constructive’ talks in Washington
- Final outcome depends on ‘whether the US can walk together with China, and create the necessary conditions to push ahead’, People’s Daily says
- ‘Talking while fighting could become the norm, and we should adapt to the norm as soon as possible’, says Taoran Notes
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Wendy Wuin Beijing
The latest trade war negotiations between China and the United States were “constructive” but there remains a great deal of uncertainty as the two sides seek to find a long-term resolution to their dispute, Chinese state media said on Saturday.
Chinese Vice-Premier Liu He, US Trade Representative Robert Lighthizer and US Treasury Secretary Steven Mnuchin held “candid, efficient and constructive” discussions during two days of talks in Washington and achieved “substantive progress” on issues like agriculture, intellectual property protection, exchange rates, financial services, the expansion of trade cooperation, technology transfer and dispute settlement, Xinhua reported.
The two sides also “discussed the arrangements for follow-up negotiations and agreed to take steps jointly towards the direction of a deal”, it said.
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Liu’s visit ended with a meeting with US President Donald Trump, who was also upbeat about the progress that had been made.
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During their discussions in the Oval Office at the White House, Trump said his team had reached a “substantial phase one deal” that would delay the implementation of new tariffs on Chinese products, which had been scheduled to go into effect on Tuesday.
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