U.S. focuses on China pledge to buy more goods as trade talks end

  • 2019-01-09
  • Michael Martina and David Lawder
  • Reuters
U.S.-China trade talks ended on Wednesday with negotiators focused on Beijing’s pledge to buy “a substantial amount” of agricultural, energy and manufactured goods and services from the United States, the U.S. Trade Representative’s office said.

In a statement that gave no specific details on the outcome of three days of talks in China’s capital this week, USTR said that U.S. and Chinese officials discussed “ways to achieve fairness, reciprocity and balance in trade relations”.

No schedule for further face-to-face negotiations was released, and USTR said the American delegation would return to Washington to report on the meetings and “to receive guidance on the next steps.”

U.S. President Donald Trump and Chinese President Xi Jinping agreed in December to a 90-day truce in a trade war that has roiled global financial markets. After that meeting, top U.S. officials said China had made an additional $1.2 trillion in trade commitments.

The USTR statement contained no details on the amount of commodities, goods and services discussed in the Beijing talks.
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