Negotiating teams from the U.S. and China will meet in Washington, D.C., in early September to continue trade discussions after concluding "constructive" meetings in Shanghai on July 30 to July 31, according to a statement by the White House.
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin held talks with Chinese Vice Premier Liu He to discuss forced technology transfer, intellectual property rights, services, non-tariff barriers and agriculture. The meetings were held a month after the two countries put a temporary halt to their trade dispute.
The White House said China has "confirmed their commitment" to increase purchases of agricultural products from the U.S. This came after U.S. President Donald Trump accused China of not buying agricultural goods as promised, while adding that a deal after presidential elections in November 2020 would be tougher, or there would be "no deal at all."
A major part of the negotiations pertained to China's goodwill purchase of soybeans, ethanol, pork and other commodities from the U.S., Reuters reported, citing two people familiar with the talks. The two sides also discussed moves to ease U.S. restrictions on Huawei Technologies Co. Ltd.