U.S. Treasury Secretary Janet Yellen talked to China’s top trade negotiator Liu He via video call on Oct. 25, during which the two sides raised their respective concerns. Yellen “frankly raised issues of concern,” the U.S. Treasury announced in a short statement without elaborating what the issues were. The statement did add that the two held discussions on “macroeconomic and financial developments” in both nations. China’s Ministry of Commerce did announce concerns Liu had raised during the virtual meeting. According to a Chinese readout, Vice Premier Liu expressed concerns over U.S. tariffs and sanctions, as well as the U.S. treatment of Chinese companies. The ministry described the bilateral talk as “pragmatic, candid, and constructive.” The virtual talk came less than a month after Liu held an online meeting with U.S. Trade Representative Katherine Tai. During that talk, which took place on Oct. 9, Liu pushed Tai to cancel U.S. tariffs, …
US Treasury Secretary Yellen Holds Talks With China’s Trade Negotiator
October 26, 2021
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Business & EconomyChinaChina Business & EconomyChinese Communist PartyChinese RegimeEconomieseconomyJanet YellenLiu Hephase one trade dealUSUS NewsUS-China relations
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