China Welcomes US Talks Amid Trade War

-



China said Thursday it welcomes the US offer to hold another round of trade talks, and the two sides are discussing the details as fresh tariffs loom large.

“The Chinese side believes that the escalation of the trade conflict is not in the interest of either party,” commerce ministry spokesman Gao Feng told reporters at a regular news briefing.

Beijing “has indeed received an invitation from the US and holds a welcoming attitude to it”, said Gao, noting the “two sides are still communicating on the specific details”.

News that US Treasury Secretary Steven Mnuchin had invited top Chinese officials for talks comes just under a week after US President Donald Trump threatened to impose tariffs on all $500 billion worth of imports from China.

Trump’s first round of tariffs this summer hit $50 billion in Chinese goods including high-end technology parts and manufactured goods, while Beijing fired back dollar-for-dollar at US soybeans, autos and other farm goods.

In Washington, White House economic advisor Larry Kudlow sounded a cautious note about the talks possible outcome.

“Secretary Mnuchin who is the team leader with China has apparently issued an invitation,” Kudlow told Fox Business Network on Wednesday.

“Talking is better than not talking, so I regard this as a plus,” said Kudlow.

AFP

Comments

Post a Comment

Popular posts from this blog

Notorious Kidnapper 'General' Finally Killed After A Gun Battle With Police In Rivers State (Photos)

-
Image
The shot suspect An alleged notorious and serial kidnapper widely known as 'General' was on Wednesday shot dead by officials of the Nigerian Police after a gun battle in Rivers community. The operatives of the Nigeria Police from the Anti Cultism Unit in Rivers State, have shot dead a notorious and serial kidnapper popularly known as 'General', in Omademe community in Ikwerre Local Government Area of the state.   Multiple online reports reveal that the infamous hoodlum had been a terror in the community before a manhunt was launched by the security operatives in a bid to finally end his reign of terror in the oil-rich region.   He was reportedly killed in a gun battle with the security agents.   See more photos below;
Read more

Ekiti Poll: IGP Deploys 30,000 Police Personnel, Assures Residents Of Safety

-
Image
The Inspector General of Police, Mr Ibrahim Idris, has deployed 30,000 police personnel in Ekiti ahead of the governorship election scheduled to hold on Saturday, July 14. Force Public Relations Officer, Mr Jimoh Moshood, revealed this in a statement on Sunday at the Force Headquarters in Abuja, the nation’s capital. He said the police boss has directed that a robust and elaborate security arrangement be implemented in Ekiti to ensure peaceful, credible, free and fair election. According to Moshood, the Deputy Inspector General of Police (DIG), Department of Operations has been deployed to the state and would be assisted by an Assistant Inspector General of Police (AIG), four Commissioners of Police (CPs), eight Deputy Commissioners of Police (DCPs), and 18 Assistant Commissioners of Police (ACPs), while each senatorial district would be manned by a CP. The DIG would implement and coordinate the security operations, as well as supervise the deployment of security personnel fo
Read more

Super Eagles Star, Ahmed Musa Mobbed By Fans As He Arrived Sokoto For A Charity Match (Photos)

-
Image
Ahmed Musa and Abdullahi Shehu in Sokoto Super Eagles forward, Ahmed Musa, has been pictured as he was mobbed by excited football fans after he arrived Sokoto earlier on Wednesday for a charity football match of his Nigerian teammate, Abdullahi Shehu.    Musa joined his closest pal in the national team, Shehu Abdullahi in Sokoto as they made cash food items donation to orphanages. The game will be played at the Sokoto Stadium between Team Musa and Team Shehu on Thursday, July 5th.   TVC which shared the photos on Twitter wrote; "Nigerian International Ahmed  Musa arrive Sokoto for Abdullahi Shehu charity football match. Musa joined his team mate Abdullahi Shehu in Sokoto as they make cash food items donation to orphanages."   See more photos of Musa's arrival in Sokoto below;
Read more