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US, China negotiators resume trade war talks

US, China negotiators resume trade war talks

26 Sept 08:49 Key points summarised by AI
  • Top US and Chinese negotiators resumed phone talks, described as "constructive" but "preliminary," to resolve the ongoing trade war after a truce declared at the G20 summit.
  • The US committed to delaying new tariffs and easing some restrictions on Huawei, while expecting China to promptly increase purchases of US agricultural products.
  • Existing punitive tariffs on over $360 billion in two-way trade remain in place, with US officials emphasizing that quality of a deal takes precedence over speed, setting no specific timetable.
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