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U.S.-China trade talks to resume next week

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“Those talks will continue in earnest this coming week,” White House Economic Adviser Larry Kudlow said to reporters in a briefing.

An official from the Office of the U.S. Trade Representative said later that the two sides were in the operation of scheduling a principal-level phone call with Chinese officials for next week.

The principal negotiators on the U.S. side are U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, while China’s top negotiator is Vice Premier Liu He.

The two sides have already been in communication by phone since last weekend when U.S. President Donald Trump and Chinese President Xi Jinping agreed to relaunch talks that had stalled in May.

Kudlow was not clear about the timeline for relaunching face-to-face talks, saying that these would begin “soon” and that a statement would be upcoming.

“I don’t know precisely when. They’re on the phone. They’re going to be on the phone this coming week and they’ll be scheduling face-to-face meetings,” he said.

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