US delegation to China for talks during “trade truce”

Media In \ Agencies 27-12-2018

A US government delegation is due to visit Beijing early January for the first direct talks since US President Donald Trump and his Chinese counterpart Xi Jinping agreed to a truce in the two countries’ trade war, which saw the exchange of duties on each other’s goods.
The delegation is led by US Deputy Trade Representative Jeffrey Gereish, the US team, during the talks, which will take place from Jan. 7, Bloomberg television quoted two officials as saying.
Talk of the upcoming meeting comes after signs of progress and Trump’s failure to launch new threats as the two sides struggle to ease trade tension before March 1.
Washington and Beijing traded charges of up to $ 300 billion worth of goods, putting them in a crisis that has begun to weigh on corporate profits and depressed financial markets.