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The world's two largest economies are now trying to revive trade negotiations to avoid large-scale trade war, according to Bloomberg.
He writes Bloomberg and refers to two people aware of the efforts.
The news agency writes that Steven Mnuchin and Chinese Vice Premier Liu He for private talks where they are trying to find ways to revive the negotiations.
Bloomberg sources point out that the specific timeframes, the issues to be addressed and the forms of negotiation have not been definitively solved. There is agreement on the principle that other appeals must be made.
Negotiations to resolve trade disputes were paranoid for several weeks and both parties refused to support. In the United States, however, high-level trade talks with China are continuing this week, according to a third source for Bloomberg News.
The next wave of import duties from China will begin Wednesday. . China is committed to meet import duties on US goods for the corresponding amount.
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