The United States is a country that will not go for any profit. In fact, to launch a trade war with China is for its own benefit. However, China is not so easy to bully. Yesterday, the announcement of the Sino US talks came to light, and significant progress was made in the Sino US economic and trade negotiations. After all, it is harmful and unhelpful for the two great powers to play games and fight. It is the result everyone hopes to see that a truce consensus can be reached through negotiations.
Sino US trade war
According to the report, US trade representative Robert lethizer and Treasury Secretary Steven munuchin completed a quick visit to China on May 1. They had a working dinner with Chinese Vice Premier Liu He in Beijing and held a formal meeting the next day. Munuchin tweeted that the talks were 'productive'.
Yesterday, the media exposed the contents of the announcement on the Sino US talks. The report quoted a person familiar with the matter as saying that the two sides have reached a basic consensus on a plan. However, the two sides are still trying to bridge the differences between the United States and China on some issues, the report said. According to the website of the Wall Street Journal, negotiators have made progress on some thorny issues in the US China trade dispute.
The latest progress of Sino US negotiations
So far, the Sino US negotiations and consultations have made some achievements, and the prospects are promising. According to the report, it is expected that part of the recent Washington talks will focus on a draft agreement in Chinese and English. These sources said that China will have more than 100 officials from more than a dozen government agencies to Washington for the talks. Beijing believes that the two sides can resolve and complete the final details.
China and the United States are world economic powers. If the two countries strengthen economic cooperation, it will be of great help to the development of the two countries. On the contrary, if a trade war breaks out between the two countries, it will bring huge losses. Therefore, it is the most correct way for China and the United States to negotiate and cease war as soon as possible. Fortunately, now that China and the United States have reached some consensus in the negotiations, there may be a truce.