, according to two people briefed on the call.however, could be contingent on the United States easing up export restrictions on Chinese tech giant Huawei and delaying an Oct. 1 tariff escalation on roughly $250 billion in goods, the people said.Depending on how negotiations proceed, President Donald Trump is also considering delaying another round of tariffs that will be imposed on Dec.
Deputy-level officials from the U.S. and China are expected to hold discussions in mid-September to prepare for a meeting of top officials in early October. Kudlow said the call on Wednesday involving Chinese Vice Premier Liu He, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin “went very well.”Talks with China collapsed in early May after Beijing backtracked on commitments it made in a 150-page draft agreement to enshrine certain obligations in its domestic law. The U.S.
China is one of the biggest markets for U.S. agriculture exports, and farmers have been hit hard by China’s retaliation to U.S. tariffs.
Trump considering delaying Dec. 15 tariffs?
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