China, US take first step toward drawing down tariff tensions

China, US take first step toward drawing down tariff tensions

WASHINGTON/BEIJING -- The U.S. and China will come to the negotiating table on Saturday for the first cabinet-level talks on trade since Donald Trump

U.S. and China Edge Toward Trade Talks, But Sticking Points Remain

This article was originally published by Ava Grace at Natural News.  Beijing has acknowledged a U.S. offer to discuss steep tariffs but insists Washington must first drop unilateral tariffs and correct “erroneous practices.” Previously dismissive of talks, China has taken steps to ease tensions, exempting key U.S. imports (e.g., pharmaceuticals, microchips) from retaliatory duties. U.S. growth has slowed due to tariff-related stockpiling, whi…