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China commerce ministry would welcome US trade delegation visit

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Thursday, 13 December, 2018, 15:20
China commerce ministry would welcome US trade delegation visit

China has agreed to cut tariffs on U.S.-built cars and auto parts to 15 percent from 40 percent, a Trump administration official said on Tuesday, setting the stage for new talks aimed at easing the dispute between the world's two largest economies.

China's tariff cut was communicated during a phone call between Vice Premier Liu He, U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, the official said.

Both sides are in touch, said Gao Feng, spokesman at the Chinese commerce ministry, when asked at a regular news briefing about details of the Tuesday telephone conversation.

"Both sides exchanged views on the timetable and roadmap for next steps," said Gao, who was also asked if China was planning to send a delegation to the United States to discuss trade.