Little has been revealed about what each party actually said during their lat
est conversation. But Chinese Vice-Premier Liu He’s phone call with US Trade Re上海419论坛
presentative Robert Lighthizer and Treasury Secretary Steven Mnuchin on Tuesday has made headlines anyway.
上海419论坛女神会所Information available so far suggests the conversation was at least partly
about bringing the negotiators back to the negotiating table.
Although tentative, this surely is a constructive initial step toward building on the all-impor上海419论坛
tant outcome of the June 29 Osaka meeting between the Chinese and US leaders, which secured a pause in th
上海419论坛女神会所e two countries’ trade war. After all, this was the first high-level contact at the operational level since then.
Progress was made after the two leaders agreed to further negotiations when they met
in December, and it is to be hoped that will be the case after their consensus this time.上海419论坛
However, considering how the subsequent talks broke down, how the two part
上海419论坛女神会所ies responded, and what they want from each other, it would be advisable to be realistic about what to exp
ect, otherwise the trade impasse will be perpetuated and their respective economies will continue to suffer.
Both countries need and want a trade deal and fine trading ties. This is the understa上海419论坛
nding both countries have reached after a grueling year of tit-for-tat tariffs. Which is why, despite all the dr
上海419论坛女神会所awbacks, we remain convinced Beijing and Washington will indeed make every effort to find a way out.
While Beijing is fighting fiercely against the rising noise of “decoupling” the C
hinese and US economies, the latter appears equally anxious for that not to happen. If Beijing is driven mostly by con上海419论坛女神会所
cerns about looming economic woes, Washington has the 2020 election as an additional incentive.