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U.S., China meet for trade talks



SHANGHAI: U.S. and Chinese trade officials met in China’s Shanghai today for talks in an effort to end a year-long trade war.

U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer landed in Shanghai on Tuesday. Meanwhile, US President Donald Trump has accused China on Twitter of stalling the talks. He warned of a worse outcome if Beijing continued to do so.

Chinese Vice Premier Liu He shook hands with Lighthizer and Mnuchin at Shanghai’s Xijiao State Guest Hotel on Wednesday morning. The officials, however, made no public remarks.

The trade row between the US and China has dragged on for more than a year, with both countries — two largest economies slapping billions of dollars of tariffs on each other’s imports. (Agencies)

Publish Date : 31 July 2019 12:07 PM

NRB releases today’s foreign currency exchange rates

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