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Tag: Trade Dispute

US to Host Chinese Traders Early Next Month :Trade Dispute

[W Palm Beach,Washington] US to Host Chinese Trade Delegation Starting April 3:Trade Dispute
The US will host a delegation from China led by Vice Premier Liu He early next month
US officials will also visit to China in an effort to improve trade relations
As per White House press secretary Sarah Sanders
President Donald Trump is sending US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin to Beijing starting next week, joined by deputy US Trade Representative Jeffrey Gerrish and other senior Trump administration officials.
The trade dispute began last year after the US made several complaints, including that China was stealing US trade secrets and was forcing companies to give them technology to access its market.
Trump imposed tariffs on USD 250 billion of Chinese imports, about half what the United States buys from that country.
China retaliated with tariffs on about USD 110 billion of US items.