China confirms top trade negotiator Liu He to lead US trade talks on Thursday

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WASHINGTON (BLOOMBERG) - China's top trade negotiator, Vice Premier Liu He, will visit the US for trade talks in what is shaping as a crucial week for the yearlong standoff after President Donald Trump ratcheted up pressure with plans to raise tariffs on Chinese goods on Friday (May 3).. Read more at straitstimes.com.

WASHINGTON - China's top trade negotiator, Vice-Premier Liu He, will visit the US for trade talks in what is shaping as a crucial week for the year-long stand-off after President Donald Trump ratcheted up pressure with plans to raise tariffs on Chinese goods on Friday .

On Monday, Chinese authorities were said to be considering a delay to the trip by their top negotiators, according to people familiar with the plans. The President said he may also impose duties"shortly" on US$325 billion of Chinese goods that are not currently covered, a move that would hit virtually all imports from the Asian nation.

"We felt we were on track to get somewhere. Over the course of last week we have seen an erosion of commitments by China. That in our view is unacceptable," he said, adding that significant issues remain unresolved, including whether tariffs will remain in place.

 

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