Economics

U.S., China Postpone Weekend Talks on Trade Deal

Watch: China and the U.S. have postponed indefinitely trade talks that were due to happen over the weekend. No official reason has been given.(Source: Bloomberg)

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By Jenny Leonard

August 14, 2020 at 5:37 PM UTC

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The U.S. and China are postponing talks planned for over the weekend that had been aimed at reviewing progress at the six-month mark of their phase-one trade agreement, people familiar with the matter said.

Chinese Vice Premier Liu He was supposed to hold a video conference call with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin but it’s been rescheduled indefinitely, according to the people. The USTR’s office didn’t immediately respond to a request for comment.