The US and China vowed to tackle their trade imbalance but failed to produce any concrete measures in talks that came after the 100-day period of negotiations launched in April by Donald Trump and Chinese president Xi Jinping.
Speaking to the Financial Times after two days of talks with Chinese representatives, Steven Mnuchin, Treasury secretary, said the US had taken a “very big step” towards addressing its deficit with China. He said Beijing had “heard ... the marching orders” Mr Trump had given his team and that both sides were ready to start working on specifics.
Wilbur Ross, commerce secretary, said he expected to negotiate dates and targets in tackling the trade gap with China.
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