The phone call held between China’s Vice Premier Liu He and US Trade Representative Lighthizer, US Treasury Secretary Mnuchin on Tuesday morning highlights the urgency from both sides to defuse trade tensions amid rising political friction, the Chinese news outlet Global Times reported, citing experts on the matter. “The phone call shows that the two sides are still seriously pushing forward a possible phase one trade agreement, despite noise,” Li Yong, deputy chair of the expert committee of the China Association of International Trade, told the Global Times and argued that it would be “unwise” for sides to refuse to make a deal because of recent complications. The 10-year US Treasury bond yield was last down 1.15% on the day, suggesting that these comments had no impact on the market sentiment. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold Price News and Forecast: XAU/USD rebounds from 2-week lows, levels FX Street 3 years The phone call held between China's Vice Premier Liu He and US Trade Representative Lighthizer, US Treasury Secretary Mnuchin on Tuesday morning highlights the urgency from both sides to defuse trade tensions amid rising political friction, the Chinese news outlet Global Times reported, citing experts on the matter. "The phone call shows that the two sides are still seriously pushing forward a possible phase one trade agreement, despite noise," Li Yong, deputy chair of the expert committee of the China Association of International Trade, told the Global Times and argued that it would be "unwise" for sides to refuse to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.