China says U.S.-China trade teams in contact ahead of G-20

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Chinese and U.S. trade negotiators are in contact on ways of resolving disputes ahead of an expected meeting between their heads of state at the G-20 summit in Japan later this week, a Chinese official said Monday.

The sides were seeking to "consolidate the important consensus reached between the two leaders" in a telephone call last week, Wang Shouwen, a Commerce Ministry vice minister, told reporters. Wang gave no details about specific issues under discussion.

Trump has already imposed 25% tariffs on $250 billion in Chinese imports and China has retaliated with tariffs on U.S. goods. Stepping up the pressure on Beijing, the U.S. Commerce Department has effectively barred U.S. companies from selling or transferring technology to Huawei Technologies, the world's biggest maker of network gear, No. 2 smartphone manufacturer and a champion of Chinese industry.

Huawei's placement on the U.S. government's Entity List is widely seen as intended to persuade resistant U.S. allies in Europe to exclude Huawei equipment from their next-generation wireless networks, known as 5G.

 

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