BUSINESS
China and the United States discussed the road map for the next stage of their trade talks on Tuesday, during a telephone call between Chinese Vice Premier Liu He and U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.
China and the United States discussed the road map for the next stage of their trade talks on Tuesday, during a telephone call between Chinese Vice Premier Liu He and U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.
Earlier this month in Argentina, U.S. President Donald Trump and Chinese President Xi Jinping agreed to a truce that delayed the planned Jan. 1 U.S. hike of tariffs to 25 percent from 10 percent on $200 billion of Chinese goods.
Lighthizer said on Sunday that unless U.S.-China trade talks wrap up successfully by March 1, new tariffs will be imposed, clarifying there is a "hard deadline" after a week of seeming confusion among Trump and his advisers.
China's Commerce Ministry, in a brief statement, said Liu had spoken with Mnuchin and Lighthizer on Tuesday morning Beijing time on a pre-arranged telephone call.
"Both sides exchanged views on putting into effect the consensus reached by the two countries' leaders at their meeting, and pushing forward the timetable and roadmap for the next stage of economic and trade consultations work," the ministry said.
It did not elaborate.
A U.S. Treasury spokesman confirmed that the call with Liu took place, but offered no further details. The U.S. Trade Representative's office did not immediately respond to a query about the call.
The Harvard-education Liu, Xi's top economic advisor, is leading the talks from China's end.
Global markets are jittery about a collision between the world's two largest economic powers over China's huge trade surplus with the United States and Washington's claims that
Beijing is stealing intellectual property and technology.
The arrest of a top executive at China's Huawei Technologies Co Ltd has also roiled global markets amid fears that it could further inflame the China-U.S. trade row.
This film has broken world box office records, not Hollywood, Bollywood but...
Meet Satyam Pandey who got high-paying job offer, not from IIM, NIT, IIIT, his annual salary is…
Gurgaon couple reunites with lost dog after three-month search in Agra
Meet man, IIT graduate, who topped UPSC exam in third attempt, he is from...
Noida authority takes BIG action against promoters of 2 housing projects, as realty firm fails to...
WPL 2025: Ashleigh Gardner, Deandra Dottin star as Gujarat Giants beat UP Warriorz by 6 wickets
This city is the coldest, darkest and most polluted in the world, tourists are banned here due to...
New Fastag rules from tomorrow: Users may incur additional charges if...; check details
Inside Kareena Kapoor, Saif Ali Khan's son Jeh's mario-themed birthday bash, watch
Meet Indian genius, who got high-paying job offer, not from IIT, IIM, his annual salary is Rs…
Shoaib Ibrahim gifts new house to his mother-in-law, Dipika Kakar's mother gets emotional
Deepika Padukone joins Kartik Aaryan, Anil Kapoor, Jackie Shroff at Mumbai event; see viral photos
Man wanted in Canada's biggest gold heist found living in THIS Indian city, he is...
'Free Samay Raina': Badshah shouts at his concert in Gujarat
Amitabh Bachchan's son-in-law Nikhil Nanda faces legal trouble, FIR filed against businessman for...
'Rohit Sharma or Virat Kohli...': R Ashwin lambasts 'superstar culture' in Indian cricket
Bombay HC to hear PIL on Sushant Singh Rajput's death, actor's father says...
Ajay Devgn's absence from Kajol's Valentine's Day post sparks speculation: 'Kalesh chal raha hai'
Anil Ambani-led company's loss widens to Rs 3298 crore in just...; its business is...
Premanand Maharaj's morning yatra set to resume after..., it was stopped because...
Champions Trophy 2025: Gautam Gambhir, Ajit Agarkar clash over Shreyas Iyer's position in team
239 composite liquor shops to be opened in..., booze business ramps up in...
Mukesh Ambani may lose the position of Asia's richest after Reliance loses...in just...days
Elon Musk-led DOGE halts Rs 175 crore election funding for India due to...
Malaika Arora shares her Paneer Thecha recipe, here's how you can make it
Mahakumbh viral girl Monalisa steps into 5-star hotel for lunch for first time, see viral post
Meet CID-fame actor, who once did a show for Rs 20, lost his wife due to...now earns...
Vinod Kambli makes surprising move, former Indian cricketer decides to donate...
Sachin Tendulkar breaking heart on V Day with Anjali in tow is oddly satisfying, watch viral video
Ekta Kapoor to face police probe, Mumbai court orders inquiry for...
Lahori Zeera makers likely to get Rs 450 crore as fundraising from Motilal Oswal among others
'You're pregnant': Ileana D'Cruz expecting second child with Michael Dolan!
Akshay Kumar touches Amitabh Bachchan's feet at ISPL2 finale, their association goes back to...
Who is Lalit Modi’s new Valentine? All about Rima Bouri, IPL founder’s new girlfriend
India's big 'treasure' is hidden here, once THIS work is done country will earn Rs...
This country hits big JACKPOT, discovers one of world's biggest gold reserves worth Rs...
Roadies XX star Prince Narula, Yuvika Chaudhary demand Rs 20 lakh bribe? Here's what we know
What led to stampede at New Delhi Railway Station that killed 18 people? 10 points
King Kong: This 6-Foot-8 buffalo named the world’s tallest by Guinness World Records
Shakira’s metallic wolf gown took 600 hours to create, designed by THIS Indian couturier
84 year marriage, 13 kids, 100 grandkids, viral couple sets record
Harshvardhan Rane, Mawra Hocane react to Amitabh Bachchan's shout out to Sanam Teri Kasam re-release
Chhaava box office collection day 2: Vicky Kaushal, Akshaye Khanna film mints Rs 67 crore
15 injured in stampede at New Delhi Railway Station, probe on