China’s Vice Finance Minister Zhu Guangyao was on the wires earlier today, via Reuters, making optimistic comments on the US-China trade relationship.
His comments come after his Ministry announced that China will cut import tariffs on nearly 1,500 consumer products from July 1.
Key Headlines:
“China has always been clear about its stance regarding U.S.-China economic and trade relations,” when asked about the US Commerce Secretary Wilbur Ross’s upcoming visit to China.
“We always believe the essence of U.S.-China trade is mutually beneficial and win-win.”
On specifics of US.-China trade negotiations, Zhu said talks were underway.