The US and China have agreed to resume face-to-face negotiations in a bid to ease tensions in their rapidly escalating trade war, according to statements from both Washington and Beijing on Wednesday night.
The Office of US trade representative Robert Lighthizer said he and Steven Mnuchin, the treasury secretary, had spoken with Liu He, China's vice-premier. “They agreed to hold meetings at the ministerial level in Washington in the coming weeks. In advance of these discussions, deputy-level meetings will take place in mid-September to lay the ground work for meaningful progress,” the USTR said.
China's commerce ministry said that the visit to Washington by top Beijing officials was set for early October.
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