Senior Chinese trade negotiator Li Chenggang is set to travel to Washington this week for high-level talks with U.S. officials, marking a pivotal moment in efforts to stabilize relations between the world’s two largest economies.
Li, a key aide to China’s economic chief He Lifeng, will meet with U.S. Trade Representative Jamieson Greer and Treasury Department officials. The visit follows three rounds of negotiations held in Geneva, London, and Stockholm since May, aimed at resolving disputes over soybean purchases, technology exports, and fentanyl-related tariffs.
The talks come just two weeks after both sides agreed to extend a 90-day tariff truce, maintaining 30% U.S. tariffs on Chinese imports and 10% Chinese duties on American goods. Analysts say the truce averted a near-total trade freeze, but tensions remain high.
Li is also expected to meet with representatives from the U.S. business community, amid growing concern over supply chain disruptions and export restrictions. Beijing is pushing for relaxed controls on tech exports and the removal of punitive tariffs on key sectors including aviation and agriculture. The Chinese Commerce Ministry and the White House have yet to comment officially on the visit. Traders and diplomats are watching closely to see whether this round of talks will yield a breakthrough or simply delay the next escalation.
(source reuters.com)
—Agencies
Leave a Reply