News

World

China Agrees to Restart Trade Talks as White House Delays New Tariffs

President Donald Trump meets with China’s President Xi Jinping at the start of their bilateral meeting at the G20 leaders summit in Osaka, Japan, June 29, 2019. (Kevin Lamarque/Reuters)

After several weeks in which negotiations over a potential trade deal between the world’s two largest economies had stalled, Chinese and U.S. officials spoke over the phone Tuesday, with China’s Ministry of Commerce announcing afterward that the two powers plan to speak again in the coming weeks.

“Both sides agree to talk again on the phone within two weeks,” the Ministry of Commerce said in a statement.

Chinese vice premier Liu He spoke Tuesday night with U.S. Trade Representative Robert Lighthizer and Secretary of the Treasury Steven Mnuchin, according to the statement. They were joined by Chinese commerce minister Zhong Shan and Central Bank governor Yi Gang.

News of the reignited negotiations came as Lighthizer’s office announced the U.S. will delay a planned 10 percent tariff on $300 billion of Chinese imports.

In May, the White House raised tariffs on $200 billion of Chinese imports from 10 percent to 25 percent, claiming Beijing had reneged on previously agreed terms of a trade deal. The U.S. also currently has a 25 percent tariff on $50 billion worth of Chinese high-tech products.

China has hit back with tariffs of up to 25 percent on $60 billion worth of U.S. products.

Most Popular

U.S.

What The 1619 Project Leaves Out

“The goal of The 1619 Project, a major initiative from The New York Times that this issue of the magazine inaugurates, is to reframe American history by considering what it would mean to regard 1619 as our nation’s birth year,” The New York Times Magazine editors declare. “Doing so requires us to place ... Read More
Sports

It’s Time for Colin Kaepernick to Move On

Colin Kaepernick. Remember him? Below-average quarterback. Above-average poseur. Not “activist,” not really. Activists actually say stuff. Kaepernick almost never says anything. He’s like the Queen or most popes — you have to read the deep-background musings of supposed members of his inner circle to get ... Read More
PC Culture

Courage Is the Cure for Political Correctness

This might come as some surprise to observers of our campus culture wars, but there was a time, not long ago, when the situation in American higher education was much worse. There a wave of vicious campus activism aimed at silencing heterodox speakers, and it was typically empowered by a comprehensive regime of ... Read More
Elections

Trump and the Black Vote

"Donald Trump is a racist, white supremacist, white nationalist. So are his supporters." Some version of that refrain is heard almost hourly somewhere in mainstream media. Democratic politicians seem to proclaim it more often than that. Listening only to the Left, you'd conclude that more than half a ... Read More