12/10/2018

CHINA/TARIFFS/TRADE DEALS/TREASURY/TRUMP AS PRESIDENT: “Trade talks between the United States and China are moving forward even though Beijing is fuming over the arrest of a top Chinese tech executive. China’s top trade negotiator, Vice Premier Liu He, spoke on the phone Tuesday [12-11-18] with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer, according to a statement from the Chinese Commerce Ministry. The officials talked about ‘implementing the agreements’ reached by US President Donald Trump and his Chinese counterpart, Xi Jinping, during their meeting in Buenos Aires earlier this month, the short statement said. They also discussed ‘timetables and road-maps about the next round of trade negotiations,’ it added. A US Treasury Department spokesperson confirmed the conversation had taken place but declined to provide any details about what was discussed. Trump tweeted on Tuesday about positive progress on the talks, teasing ‘positive announcements.'”

Jethro Mullen, “The US and China are talking trade despite the Huawei CFO’s arrest,” CNN Politics, CNN.com, December 10, 2018 11:34 am