China Says Plans Made for US Trade Talks in January - NBC Connecticut
National & International News
The day’s top national and international news

China Says Plans Made for US Trade Talks in January

Presidents Donald Trump and Xi Jinping agreed Dec. 1 to postpone more tariff hikes for 90 days

    processing...

    NEWSLETTERS

    A Colon Cancer Patient Gets the Right Care at the Right Time
    Pablo Martinez Monsivais/AP, File
    In this Saturday, Dec. 1, 2018, file photo, President Donald Trump is shown with China's President Xi Jinping during their bilateral meeting in Buenos Aires, Argentina.

    China's government said Thursday it has made plans with Washington for talks in January aimed at ending a tariff battle that threatens to depress global trade.

    The two sides have "made specific arrangements for face-to-face meetings" and are talking by phone, said a Ministry of Commerce spokesman, Gao Feng. Gao gave no details.

    Presidents Donald Trump and Xi Jinping agreed Dec. 1 to postpone more tariff hikes for 90 days while their governments negotiate over U.S. complaints Beijing steals or pressures foreign companies to hand over technology.

    Trump agreed to postpone tariff hikes on $200 billion of Chinese imports planned for Jan. 1. Beijing responded by announcing a delay in a 25 percent duty on imported U.S. vehicles.

    Current and Former Diplomats to Testify in Impeachment Inquiry

    [NATL] Current and Former Diplomats to Testify in Impeachment Inquiry

    Fiona Hill, President Trump's former top adviser on Russia and Europe, and European Ambassador Gordon Sondland will appear before Congress this week to testify on efforts to pressure Ukraine to investigate Joe and Hunter Biden. NBC's Tracie Potts reports.

    (Published Monday, Oct. 14, 2019)

    Preparations for talks have proceeded despite the Dec. 1 arrest in Canada of an executive of Chinese tech giant Huawei on U.S. charges related to possible violations of trade sanctions on Iran.

    Companies and investors worry the dispute might depress global trade at a time of rising anxiety about signs economic growth might be slowing.

    The two sides are maintaining "close communication," said Gao.