U.S., China reaffirm commitment to Phase 1 trade deal after call
Topics: U.S. CHINA
The pledge was made in a phone call between U.S. Trade Representative Robert Lighthizer, U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He their first formal dialogue since early May and came amid growing concerns the deal could be on shaky ground in an increasingly confrontational bilateral relationship.
“Both sides see progress and are committed to taking the steps necessary to ensure the success of the agreement,” the U.S. Trade Representative’s office (USTR) said in a statement after what it described as a “regularly scheduled call”.
China’s commerce ministry confirmed that the two countries had a “constructive dialogue” and agreed to continue pushing forward the implementation of the Phase 1 trade deal. ■