China Hopes For Positive Outcome Of Upcoming Trade Talks With US - Foreign Ministry
China hopes that the upcoming round of its trade negotiations with the United States will bring positive results, Chinese Foreign Ministry's spokeswoman Hua Chunying said on Monday
China and the United States have been engaged in a trade war since US President Donald Trump announced last June that $50 billion worth of Chinese goods would be subject to 25 percent tariffs in a bid to fix the US-Chinese trade deficit.
Since then, the two countries have exchanged several rounds of trade tariffs. At the G20 summit in Argentina in December, Trump and Chinese President Xi Jinping agreed on a "truce" in their tariff war to allow room for a new trade agreement. The so-called truce is reportedly set to end on March 1.