An American delegation led by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are set to meet Vice-Premier Liu He in China next week for the first face-to-face talks since President Xi Jinping and US counterpart Donald Trump agreed to a trade war ceasefire at the end of June, reported the South China Morning Post.
The initial arrangements for the meeting in Beijing came after the US announced that it would offer exemptions to 110 Chinese products, including medical equipment and key electronic components, from import tariffs, reported the SCMP. In a goodwill gesture of their own, China also said that several companies would buy American agricultural products having already applied for exemptions from the tariffs imposed by Beijing.
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