U.S., Chinese Officials to Restart Trade Negotiations

U.S. and Chinese officials are expected to restart trade talks sometime this week just a couple weeks after officials met in Japan for the G-20 Summit.

The U.S. and China are reportedly expected to restart trade negotiations this week as bilateral tension between Washington and Beijing remains high.

United States Trade Representative Robert Lighthizer is expected to speak with Chinese officials on the phone according to a Fox Business report, sometime this week.  

Should the phone dialogue initiate a step in the right direction, officials from both the U.S. and China will meet in person.

President Trump weighed in on the economy and trade Tuesday on twitter saying, “Very good numbers on the economy. Much potential for growth. Trade deals being negotiated or being set up for negotiation.”

The president continued by suggesting the U.S. has been “treated very unfairly,” but the Trump administration is working to change that narrative.

This comes just a couple of weeks after President Trump met with Chinese President Xi Jinping met at the G-20 Summit in Osaka, Japan.

During the meeting, President Trump agreed to halt anymore tariffs targeting Chinese products, and China reportedly agreed to start buying additional U.S. agricultural goods.

China has been under fire in the recent past for reportedly stealing American intellectual property among other information such as trade secrets.

President Trump has made it clear he remains optimistic about reaching a deal with the Chinese but has suggested he is in no rush to do so.

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