U.S., China Aim to Restart Talks to Defuse Trade War, Sources Say
- Next wave of U.S. tariffs may hit within weeks after deadline
- Talks have been stalled for weeks, both sides holding firm
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The U.S. and China are trying to restart talks aimed at averting a full-blown trade war between the world’s two largest economies, two people familiar with the effort said.
Representatives of U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He are having private conversations as they look for ways to reengage in negotiations, according to the people who spoke about the deliberations on condition of anonymity.