US and China seeking to revive trade talks: Trump advisor

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WASHINGTON (AFP) - Washington and Beijing are working actively to revive negotiations aimed at ending the trade war that has rattled world markets, Donald Trump's chief economic adviser said Sunday (Aug 18).. Read more at straitstimes.com.

WASHINGTON - Washington and Beijing are working actively to revive negotiations aimed at ending the trade war that has rattled world markets, Donald Trump's chief economic adviser said Sunday .

That left it uncertain, however, whether a Chinese delegation would be coming to Washington next month, as a White House spokesperson predicted after US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin left a round of trade talks in Shanghai in July. World financial markets have been on edge amid a series of signs pointing to a serious slowing of the global economy - notably because of the trade war between the world's two largest economies - and have been reacting strongly to even the slightest new indicator.

But during the spring, the US president abruptly called off the talks, saying the Chinese had reneged on earlier commitments.

Source: Financial Digest (financialdigest.net)

 

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