Top China, United States Trade Officials Hold “Candid” First Talks

Beijing¬† (HRNW)¬†Top US and Chinese trade officials have held their first “candid” talks since Joe Biden became president, the two sides said Thursday, as Washington scrutinises whether Beijing is sticking to a key agreement forged during a bruising tariffs battle between the economic superpowers.

Trade relations between the two will be a major plank in the new US leader’s foreign and economic policy as he looks to maintain the pressure on China imposed by predecessor Donald Trump, while looking to tread a more diplomatic line.

The countries signed a so-called “phase one” pact in January last year, in which Beijing pledged to increase its purchases of American products and services by at least $200 billion through 2020 and 2021.

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