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Chinese Liu had phone call with Lighthizer & Mnuchin, agreed to maintain communications

The Chinese Ministry of Commerce confirmed that Vice Premier Liu He had a phone call with US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on Monday. During the call, both sides exchanged opinions on trade and agreed to maintain communications. Works are believed to be carried out ahead of the meeting between Trump and Xi on the second day of the June 28-29 G20 summit in Osaka, Japan. For now, there is no indications on how the two sides could close the wide gap in their bottom lines.

Reuters reported, citing an unnamed US senior officials that “it’s really just an opportunity for the president to maintain his engagement as he has very closely with his Chinese counterpart.”. And, Trump is “quite comfortable with any outcome.” Another unnamed official said “the president has been quite clear that he needs to see structural real reform in China across a number of issues and a number of sectors, and nothing about that has changed.” And, “the fact that talks broke down in May hasn’t changed that as the ultimate goal”.

Separately, Japanese Economy Minister Toshimitsu Motegi said he’ll meet Lighthizer this week. He’d announce details including the date and location of the talks once they were set.

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