Comments by China’s commerce ministry
- Liu He, Lighthizer, Mnuchin to hold trade talks later today
- They will be having a working dinner later today
- US delegation set to arrive in the afternoon
- Reiterates that Liu He will go to Washington next week
- Both sides have achieved progress in phone calls, but there remains much work to do
While plenty of focus remains on what’s happening in bonds and Brexit, US-China trade talks will be resuming today and tomorrow before continuing again next week. Let’s see if they can make any further progress this time around. But once again, I wouldn’t be holding my breath counting on that to happen. We’ve been down this road one too many times.
