US Trade Representative Robert Lighthizer told the House Ways and Means Committee that he’s going to have a phone call with Chinese Vice Premier Liu He “in the next day and a half”, regarding restarting trade negotiation. And, he will meet Liu together with Treasury Secretary Steven Mnuchin in Osaka next week, ahead of the Trump-XI summit.
Lighthizer noted that “we have a very unbalanced relationship with China and we have one that risks literally the jobs of the future.” But he also admitted that “it’s in the interests of both China and the United States to have some kind of successful agreement.”