US, China set time for trade talks
(VOVWORLD) - White House economic adviser Larry Kudlow said on Friday that the next round of US-China trade talks is expected to take place in the second week of October, just before the time the US planned to increase tariffs on Chinese imports.
 White House Economic Advisor Larry Kudlow at a press conference in Washington, DC, USA, August 6, 2019. (Photo: AFP / VNA) |
Earlier, US President Donald Trump had scheduled to increase in tariffs from 25% to 30% on 250 billion USD Chinese imports for October 1st but agreed to delay the increase until October 15th likely to facilitate trade talks.
Regarding the US-China trade dispute, many sources said that President Trump administration officials are discussing measures to limit the flow of capital into US investment portfolio in China, a move that could impact billions of dollars in these major investments, causing the US-China trade war to continue to escalate during the coming time.