WASHINGTON, D.C. — The United States and China have restarted talks on trade ahead of a meeting between their two leaders later this month, according to The Wall Street Journal.
U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He spoke by phone on Friday, the Journal reported Monday evening, citing people briefed on the conversation. CNN reported that the United States is demanding that China come up with a clear offer before negotiations on a trade deal can start, but Beijing wants to talk first and then make a firm proposal later, according to the report.
Chinese government officials declined to comment directly on the reported call between Mnuchin and Liu, but acknowledged recent communications following a phone conversation earlier this month between US President Donald Trump and Chinese leader Xi Jinping.
Read the full article at CNN.