China and the US talk again over the phone about their trade negotiations

China and the US talk again over the phone about their trade negotiations

Authorities from China and the United States held a new telephone conversation on negotiations regarding the 90-day truce that seeks to end the trade war between the two countries.

In a brief statement published on Sunday on its official website, the Ministry of Commerce explained that the call took place last Friday at the level of deputy ministers and that in it the two sides maintained a "deep exchange of views" on the trade imbalance and the protection of intellectual property.

The Ministry assured that the two countries achieved "new progress" in these issues, without giving more details, and that the issues to be discussed in the next calls and mutual visits were agreed upon.

The presidents of China, Xi Jinping, and the United States, Donald Trump, agreed a 90-day armistice on December 1 during a dinner held during the G20 summit in Buenos Aires.

This is the second contact of this kind after the telephone conversation, also at the level of deputy ministers, held on December 19.

Since then, China has adopted several measures of goodwill such as lower tariffs on vehicles imported from the United States or the resumption of the purchase of soy from that country.

For its part, Trump suspended the increase of 10% to 25% of tariffs on Chinese products valued at 200,000 million dollars (175,000 million euros).

However, the negotiations could be truncated by recent conflicts such as the mutual accusations of espionage or the one that arose after the arrest of the financial director of the Chinese Huawei technology, Meng Wanzhou, who was arrested in Canada at the request of the US and accused of violating the economic sanctions on Iran.


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