Specifically, Lighthizer said on June 19 that he and his finance minister, Steven Mnuchin, will meet Chinese Deputy Prime Minister Liu Hac in the new talks, according to NHK. Mr. Lighthizer also emphasized that the US and China all wanted a successful trade deal.
This is the first ministerial meeting meeting since the two sides concluded the 11th round of talks in Washington from 9-10.5 without any agreement.
Bilateral trade tensions are high when Washington on October 10 officially raises its tariff from 10% to 25% for $ 200 billion of Chinese goods. In response, on June 1, China imposed a tax of 5-25% on goods imported from the US, with a total value of 60 billion USD.
On June 18, after talks with Chinese President Xi Jinping, US President Donald Trump said the two leaders would meet on the sidelines of the G20 summit in Osaka, Japan on June 28. 29.6.
Meanwhile, China Daily on June 20 published an editorial saying that President Xi and President Trump could not immediately resolve the big disagreements between the two sides in a meeting that could only open a new phase for negotiations.