Trade talks conference call postponed
The United States and China reportedly postpone their trade talks scheduled for Saturday. Reuters news agency reports on the basis of insiders that the videoconferencing will be postponed due to unspecified problems. What exactly is going on is not clear. In any case, no new date would have been set in the agenda.
It’s an important appointment. It was expected that American Trade Representative Robert Lightizer, Finance minister Steven Mnuchin and Chinese Deputy Prime Minister Liu He would talk to each other about trade relations. It is precisely six months since the trade agreement between the two major powers, signed in January, came into force on.
That deal meant a partial end to the lingering Chinese-American trade war. But there were still a lot of issues where there was still disagreement between Washington and Beijing. That is why further negotiations had to be held on follow-up deals. However, the tensions between them have recently risen again. President Donald Trump has recently accused China of regularly withholding information about the SARS2 virus. The major powers are also at odds with the situation in Hong Kong and may be spying on tech companies like Huawei and TikTok.