China, US agree to solve issues on core concerns in trade talks
Top trade negotiators for China and the United States discussed solving issues regarding each other's core concerns and reached consensus on properly addressing related issues in a phone call on Tuesday morning, the Ministry of Commerce said.
Analysts said they hope both governments will further enhance mutual trust and seal a partial agreement, as a new study indicated that the US is absorbing the cost of hefty tariffs imposed on Chinese goods.
On Tuesday morning, Vice-Premier Liu He spoke by telephone with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, the ministry said in a brief statement. They reached consensus on properly addressing core concerns, and both sides agreed to maintain communication on remaining issues in the phase one deal, according to the statement.
