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The US highlights that trade talks with China are moving “better than expected”

MADRID, 11 Oct. (EUROPE PRESS) –

Trade talks between China and the United States would be progressing positively, “probably better than expected,” a White House spokesperson reported Thursday.

After seven hours of meetings to address the commercial dispute between the parties, US Treasury Secretary Steven Mnuchin, who has held a meeting with the country's commercial representative, Robert Lighthizer, with the Deputy Prime Minister, Liu He, and other Chinese officials high-ranking, said that “they had a very good negotiation with China.”

The US highlights that trade talks with China are moving “better than expected”
The US highlights that trade talks with China are moving “better than expected”

Mnuchin has taken the opportunity to reiterate his plans to meet with Liu at the White House on Friday, which has been considered a good sign and clears doubts about the possibility that the Deputy Prime Minister of the Asian giant left the United States on Thursday after the talks .

Myron Brilliand, head of international affairs for the US Chamber of Commerce, has indicated that negotiators are “trying to find a way to a larger agreement” than expected.

“I think there is even the possibility of a currency deal this week. I think that could lead to the US government deciding not to apply a tariff increase on October 15,” he said.

The words of the President's Administration, Donald Trump, have taken place a day after the Chinese newspaper 'South China Morning Post' warned that the authorities of both countries had not made progress in the framework of the last commercial talks held.

The mood around the talks went sour this week when the United States blacklisted 28 Chinese public security, technology and surveillance offices and imposed visa restrictions on Chinese officials for accusations of abuse of Muslim minorities.

The Secretary of Commerce of the United States, Wilbur Ross, has asserted that the tariffs imposed on China work and force Beijing to pay attention to the concerns of the US Government.

However, Ross has argued that Washington would have preferred not to implement tariffs on Chinese goods more than a year ago, an issue that has contributed to a trade war between the parties.

“We don't like the rates, in fact we would prefer not to use them, but after years of discussions and inaction the rates have finally forced China to pay attention to our concerns,” said Ross, who is officially visiting Australia.

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