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U.S. Asks China for New Round of Trade Talks Led by Mnuchin

  • Trump hasn’t yet issued $200 billion round of tariffs
  • President has threatened to tax nearly all Chinese goods
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The U.S. and Chinese governments are working out the details for a new round of trade talks, raising hope that the two sides may be able to ease tensions and avoid further escalation of Donald Trump’s trade war.

China has received an invitation and is working on the details with the U.S., commerce ministry spokesman Gao Feng said at regular briefing in Beijing Thursday. That invite was recently extended by senior officials led by Treasury Secretary Steven Mnuchin, according to three people familiar with the matter, who spoke on condition of anonymity.