Economics
China Vows to Buy More U.S. Goods, Sees Progress in Trade Talks
- Trump to dispatch Mnuchin, Lighthizer to China for next round
- Two sides cite progress, stop short of announcing breakthrough
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China promised to “substantially” expand purchases of U.S. goods after the latest round of trade talks, and both sides planned further discussions to reach a breakthrough with only a month to go before the Trump administration is set to ratchet up tariffs.
President Donald Trump said Thursday he will dispatch two of his top negotiators to China following two days of talks with Chinese officials in Washington. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will visit the Asian nation in mid-February to hold the next round of talks.