torsdag 27. mai 2021

US-China trade war: top negotiators hold ‘candid and constructive’ talks, first of Joe Biden presidency

Top trade negotiators from China and the United States held their first telephone call since
Joe Biden entered the White House, and stressed the importance of improving their bilateral trade ties. A brief statement on Thursday by China’s Ministry of Commerce said Vice-Premier Liu He and US Trade Representative (USTR) Katherine Tai had a “candid and constructive” exchange. “The two sides conducted candid, pragmatic and constructive exchanges in an attitude of equality and mutual respect. The two sides believe that the development of bilateral trade is very important, and they exchanged views on issues of mutual concern and agreed to continue to communicate,” the statement said.

A statement from the USTR’s office said that Tai had discussed the guiding principles of the Biden administration’s worker-centred trade policy and her ongoing review of the US-China trade relationship, while also raising issues of concern.