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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

Video player cover image — U.S.-China Trade Deal Hinges on Economic Reforms, Commerce Sec. Ross Says

By

Brendan Murray and

January 24, 2019, 1:58 PM UTCUpdated onJanuary 24, 2019, 5:18 PM UTC

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.”