Tuesday, 26 Nov 2024

U.S.-China Trade Talks to Resume, but New Tariffs Could Complicate Them

BEIJING — The United States and China will hold trade talks in Washington early next month, Chinese state media said on Thursday, but new tariffs will make it difficult to find a way to end their economic clash.

Liu He, a top Chinese economic official and Beijing’s top trade negotiator, will travel to Washington for talks in early October, state media said. The reports said Mr. Liu spoke on Thursday morning with Robert E. Lighthizer, the United States trade representative, and Steven Mnuchin, the United States Treasury secretary.

If held as scheduled, the talks will take place after new American tariffs kick in, which could make it difficult for the two sides to reach a deal. President Trump has said he would raise tariffs to 30 percent from the current 25 percent on $250 billion in Chinese goods. Those tariffs cover everything from cars to aircraft parts.

On Sunday, Washington began charging a 15 percent tax on more than $100 billion worth of Chinese imports. Beijing retaliated with its own increased tariffs. Both countries plans to impose still more tariffs in December, barring a breakthrough in talks.

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