A Chinese trade envoy is on the way to Washington in a renewed effort to end a worsening tariff dispute that has raised worries it will chill global economic growth.<\/p>\n
The delegation, led by a deputy commerce minister, will visit in late August to discuss “issues of mutual concern,” the Commerce Ministry announced Thursday. No details of a possible agenda were provided.<\/p>\n
The two governments are poised to impose a new round of tariff hikes on $16 billion of each other’s goods next week in their worsening conflict over Beijing’s technology policy.<\/p>\n
The Commerce Ministry said Beijing “reiterates its opposition to unilateralism and trade protectionism and does not accept any unilateral trade restrictions.”<\/p>\n
This month’s meeting would be the first between senior U.S. and Chinese officials since June 3 talks in Beijing between Commerce Secretary Wilbur Ross and Vice Premier Liu He ended with no settlement.<\/p>\n
Following that, Washington imposed its first round of 25 tariffs on $34 billion of Chinese goods on July 6 in response to complains Beijing steals or pressures foreign companies to hand over technology. China responded with similar penalties on American imports.<\/p>\n
The Trump administration is due to impose similar increases on an additional $16 billion of Chinese imports on Tuesday. China’s government has issued a list of American goods for retaliation.<\/p><\/blockquote>\n
The world has never seen a POTUS like Trump, the master of the deal. Too wealthy to be bribed, does not suffer fools, and is unafraid of the media. Or anything else, for that matter.<\/p>\n","protected":false},"excerpt":{"rendered":"
CBS News Link A Chinese trade envoy is on the way to Washington in a renewed … China blinks, sending trade envoy to Washington for talks<\/span>Read more<\/a><\/p>\n","protected":false},"author":657,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[296,11],"tags":[],"class_list":["post-81198","post","type-post","status-publish","format-standard","hentry","category-china","category-economy"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/81198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/657"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=81198"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/81198\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=81198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=81198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=81198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"china](\"https:\/\/www.azuse.cloud\/wp-content\/uploads\/2018\/08\/China-currency-e1534453582567.jpg\")
<\/p>\n