China, US agree to hold trade talks, Chinese commerce ministry says
Aug 21 2020
The phase one deal also called for officials to hold a "check in" every six months - but neither government has confirmed that the talks were even planned, much less postponed.
"Whether the United States wants to provide a stable or turbulent environment for businesses, that's entirely up to them", Mei said.
Asked at an event in Yuma, Arizona, on Tuesday whether he will pull out of the trade deal with China, Trump said he would see.
Talks that were expected to be held over the past weekend were postponed and President Donald Trump claimed on Tuesday that he had "canceled" any talks with China over their handling of the COVID-19 pandemic.
Trump said in an intervew with Fox News that he is having "a very hard time" with China, and the country is trying to make up for it with purchases of items like beef, soybeans and corn.
No new high-level trade talks have been scheduled between the United States and China, but the two sides remain in touch about implementing a "phase one" deal, White House chief of staff Mark Meadows told reporters aboard Air Force One on Tuesday.
Earlier this week, White House Chief of Staff Mark Meadows said no new high-level trade talks were on the schedule, but talks were underway regarding deal implementation.
"Ambassador Lighthizer continues to have discussions with his Chinese counterparts involving purchases and fulfilling their agreements".
Meadows also said that Trump's remarks on the economic and trade agreement with China did not mean that he would abandon the deal and that Trump was still reviewing it. China plans to bring this up in the trade talks, Bloomberg reports. President Trump also brought up the issue of the Chinese social media app TikTok, reemphasizing that it should be sold to a USA -based company by September 15th or it'll be banned in the United States. Meanwhile, U.S. oil exports to China may more than double in September.
However, as China's economy has recovered from the initial impact of the virus, it appears to have speeded up purchases of USA products. "China should be the anchor of stability and order".
The deal that took effect in February had set ambitious targets for China to sharply boost purchases of American farm and manufactured products.