Liu He has been Beijing’s top trade negotiator throughout the tariff conflict.
Liu, who has acted as Chinese President Xi Jinping’s top trade negotiator throughout the tariff conflict, will travel to the US from Jan 13 to Jan 15 at the head of the delegation, Ministry of Commerce spokesman Gao Feng said. Under the accord, announced Dec 13, Trump agreed to suspend plans for new tariffs on Chinese imports and reduced some existing levies, while Beijing agreed to increase agricultural purchases.US Trade Representative Robert Lighthizer has said he expects the 86-page document will be publicly released after it is signed.
The move at least temporarily calms fears of an escalating trade war between the world’s two largest economies, at a time when investors are nervous over conflict in the Middle East and rising oil prices.
Source: Holiday News (holidaynews.net)
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