WASHINGTON/BEIJING (Reuters) – The top U.S. trade negotiator said on Wednesday it is in the interests of China and the United States to have a successful trade pact and he expects to confer with a senior Chinese official before next week’s G20 summit in Japan where President Donald Trump and Chinese President Xi Jinping are set to meet.
China and the United States, the world’s two largest economies, have agreed to revive trade talks after a long lull in efforts to resolve a costly trade dispute that has put pressure on financial markets and damaged the global economy.
U.S. Trade Representative Robert Lighthizer told a congressional that he will speak by telephone with Liu He, China’s vice premier and chief negotiator in the trade talks, “in the next day and a half” and then expects to meet with him in Osaka, site of the G20 summit, along with U.S. Treasury Secretary Steven Mnuchin before Trump’s meeting there with Xi.
Talks to reach a broad deal broke down last month…
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