US And China To Resume Trade Talks In Washington In October5Photo© hindustantimes.com

US And China To Resume Trade Talks In Washington In October

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Beijing said Thursday US and Chinese trade negotiators will resume talks in Washington in early October after new punitive tariffs raised fears of a breakdown in the protracted negotiations.

The talks, which were originally supposed to take place this month, come after new two-way tariffs were imposed on September 1.

Vice Premier Liu He spoke with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on the phone on Thursday morning, according to a commerce ministry statement, and agreed to "work together and take practical actions to create favourable conditions for consultations".