China’s top trade negotiator Liu He pushed his U.S. counterpart Katherine Tai to cancel trade tariffs in a virtual meeting on Oct. 9 as the world’s biggest economies kick off negotiations following a lengthy break. During the virtual talk, the Chinese side “negotiated over the cancellation of tariffs and sanctions, and clarified position on China’s economic development model and industrial policies,” a readout from China’s state agency Xinhua said. It described the exchange as “pragmatic, candid, and constructive.” The talk on Friday, the second between the two, came days after Tai outlined her strategy to follow through on the Trump-era phase one trade deal, which committed China to buy $200 billion worth of U.S. goods over the period between 2020 and 2021. The U.S. account of the meeting said the two sides “reviewed implementation of the U.S.-China Economic and Trade Agreement and agreed that the two sides would consult on …
China Presses US to Cancel Tariffs in Virtual Meeting
October 9, 2021
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