China and the United States to hold trade talks in Beijing next week | Economy



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China and the United States will hold trade talks at Vice Minister level in Beijing on January 7 and 8 to try to end the trade dispute that is increasingly affecting both economies . and the global financial markets.

The two countries were involved in a trade war for much of last year, stopping the flow of products worth hundreds of billions of dollars and fueling fears of a global economic slowdown.

A task force led by US Trade Representative Jeffrey Gerrish travels to China for "positive and constructive discussions" with Chinese colleagues, the Chinese Ministry of Commerce said in a statement posted on its website .

The ministry said both parties had "confirmed" the dates during a phone call on Friday, without giving further details about it.

At a summit held in Argentina at the end of last year, US and Chinese presidents Donald Trump and Xi Jinping agreed to a truce and have decided to postpone the imposition of new customs duties for 90 days from 1 December. , while both countries are trying to negotiate an agreement.

China and the United States now have an important deadline for negotiations to end the trade war, or Washington could follow up on a planned tariff increase for Chinese products originally scheduled for January 1, which could the object of retaliation by Beijing.

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