The low-level trade talks between delegation led by US Treasury Under Secretary David Malpass and Chinese Commerce Vice Minister Wang Shouwen ended without any progress.
White House spokesperson Lindsay Walters said in an email statement that “we concluded two days of discussions with counterparts from China and exchanged views on how to achieve fairness, balance, and reciprocity in the economic relationship.”
The Chinese Ministry of Commerce said in a brief statement that both sides conducted “constructive and frank exchanges” and “will maintain contact for the next step.”
A fresh round of tariffs on USD 16B of goods of both sides kicked in yesterday and trade war between US and China continued.