Economics

Wilbur Ross Says U.S., China ‘Miles and Miles’ From Resolving Trade War

  • ‘Trade is very complicated,’ Commerce Secretary says
  • China’s Liu He is scheduled to meet with Lighthizer next week
U.S.-China Trade Deal Hinges on Economic Reforms, Commerce Sec. Ross Says
Lock
This article is for subscribers only.

Commerce Secretary Wilbur Ross downplayed expectations for an end to the U.S.-China trade war when both sides meet in Washington next week, saying the world’s two largest economies are a long way from resolving their differences.

“We’re miles and miles from getting a resolution,” he said in an interview on CNBC on Thursday. “Trade is very complicated. There are lots and lots of issues.”