U.S., China To Resume Trade Talks
The U.S. and Chinese governments announced last Thursday that officials from the two countries will restart trade negotiations this week when a nine-member Chinese delegation led by Vice Commerce Minister Wang Shouwen meets in Washington, D.C. with U.S. officials led by Treasury Undersecretary David Malpass. The meetings will take place on Aug. 22and 23.
The talks are the first between the nations since U.S. Treasury Secretary Steven Mnuchin was in China in June.
While the U.S. and Chinese delegations meet, the Office of the U.S. Trade Representative will hear testimony from the American public on its proposed 25 percent tariffs on a list of Chinese products worth $200 billion. The hearings started Monday, Aug. 20 and will continue until Monday, Aug. 27. Written comments on these tariffs are due on Thursday. Sept. 6. Click here for more information.
Also last week: USTR published a final Federal Registernotice on tariffs on Chinese products that will go into effect on August 23. Click here to read that notice.