China says delegation to visit US for trade talks this week
Summary
China will send a delegation led by Li Chenggang to Washington for trade talks this week as both countries try to maintain a truce after months of tariff disputes.
Key Points
- China’s top trade official Li Chenggang will visit Washington for trade talks this week.
- The US and China have cooled tensions after imposing escalating tariffs earlier.
- Both sides agreed to temporarily lower tariffs to 30% (US) and 10% (China).
- Washington and Beijing extended a tariff pause until November 10, delaying higher tariffs.
