China commerce ministry says it has proactively dealt with U.S. trade frictions

Business

FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song

BEIJING (Reuters) – China’s Commerce Ministry has “proactively dealt with” trade frictions with the United States this year, it said on Sunday after an annual work conference.

The ministry has implemented the decisions of the central government and “resolutely safeguarded the interests of the country and the people”, it said in a statement on its website.

The United States and China cooled their trade war this month, announcing a “Phase one” agreement that would reduce some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods.

China’s commerce ministry has said it is in close touch with the United States on signing the trade deal, and both sides are still going through necessary procedures before the signing.

Reporting by Beijing Monitoring Desk; Editing by Tom Hogue

Products You May Like

Articles You May Like

17 Best Microbrand Watches: Discover Boutique Options in 2024
New Music Releases and Upcoming Albums in 2024
UK to develop hypersonic missiles to catch up with China and Russia by 2030 – report | UK News
George Miller Reveals Another Mad Max Prequel He Wants To Tackle Following Furiosa, And I Wonder What Fury Road Actors Could Be Involved
Mabe Fratti Announces New Album Sentir Que No Sabes, Shares Songs: Listen