{"id":16342,"date":"2020-08-20T15:04:29","date_gmt":"2020-08-20T15:04:29","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=16342"},"modified":"2020-08-20T15:04:29","modified_gmt":"2020-08-20T15:04:29","slug":"china-us-say-talks-on-implementing-trade-pact-coming-soon","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=16342","title":{"rendered":"China, US say talks on implementing trade pact coming soon"},"content":{"rendered":"<p><\/p>\n<div>\n<section class=\"_2suu5 _24fIT clearfix  undefined undefined \">\n<div class=\"_3v5m2 image_wrapper \">\n<div class=\"_2gIK-\"><img decoding=\"async\" src=\"https:\/\/static.toiimg.com\/thumb\/msid-77658296,imgsize-509341,width-400,resizemode-4\/77658296.jpg\" alt=\"\" title=\"(Representative image)\"\/><\/div>\n<\/div>\n<\/section>\n<p><span class=\"_3sXlO _1Ee83 img_cptn\">(Representative image)<\/span><\/p>\n<p>BEIJING: Chinese and <!-- -->US trade envoys<!-- --> will hold a meeting by phone &#8220;in the near future&#8221; to discuss an agreement aimed at resolving a tariff war, a commerce ministry spokesman said on Thursday. <br \/>The spokesman, Gao Feng, gave no details of the timing at a ministry news briefing. <br \/>White House economic adviser Larry Kudlow said that the talks are part of the process of implementing the US-China trade deal, though he did not say when they would actually happen. He attributed any delay to &#8220;scheduling issues&#8221;. <br \/>&#8220;It&#8217;s part of the process, part of the governance process of this large trade deal,&#8221; Kudlow said on a news channel. &#8220;It was on again, off again, that&#8217;s all that was, was scheduling issues. It&#8217;s a normal review.&#8221; <br \/>Under the &#8216;Phase 1&#8217; trade agreement signed in January, both governments agreed to suspend potential additional penalties on each other&#8217;s goods in a fight that erupted in 2018 over Beijing&#8217;s technology ambitions and trade surplus. <br \/>The truce called for talks to be held after six months, but those were delayed due to the coronavirus pandemic. A meeting scheduled for last week was to be held online but was postponed. <br \/>&#8220;Both parties have agreed to hold a call in the near future,&#8221; Gao said. <br \/>Kudlow, President Donald Trump&#8217;s top economic adviser, said the administration has &#8220;many huge complaints about China, many,&#8221; but that both sides are engaged on the deal. He said China has been buying &#8216;a ton&#8217; of commodities, mostly agricultural goods, and that the US trade representative believes China is &#8220;following their script&#8221;. <br \/>&#8220;So far, so good,&#8221; Kudlow said. <br \/>The two governments have rolled back some penalties but most of the punitive tariffs imposed on hundreds of billions of dollars of each other&#8217;s goods remain in place. <\/p>\n<\/div>\n<p><a href=\\\"https:\/\/timesofindia.indiatimes.com\/business\/international-business\/china-us-say-talks-on-implementing-trade-pact-coming-soon\/articleshow\/77658316.cms\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Representative image) BEIJING: Chinese and US trade envoys will hold a meeting by phone &#8220;in the near future&#8221; to discuss an agreement aimed at resolving a tariff war, a commerce ministry spokesman said on Thursday. The spokesman, Gao Feng, gave no details of the timing at a ministry news briefing. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16343,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-16342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/08\/1597935875_photo.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/16342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16342"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/16342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/16343"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}