China to carry uncommon DC commerce talks; Trump warns of 200% tariffs over uncommon earth exports

China will ship senior commerce envoy Li Chenggang to Washington this week, its first talks within the U.S. capital in years, amid efforts to strengthen dialogue in the course of the tariff truce. Li will meet U.S. officers and enterprise leaders to debate soybeans, fentanyl tariffs, and tech restrictions, towards a backdrop of Trump’s contemporary risk of 200% tariffs if China curbs uncommon earth exports.

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China will ship senior commerce official Li Chenggang to Washington, marking the primary negotiations within the U.S. capital in years as a part of efforts to construct common communication in the course of the commerce truce. Li, a detailed aide to Beijing’s high negotiator He Lifeng, will meet deputies of USTR Jamieson Greer, Treasury officers, and U.S. enterprise leaders, the WSJ reported.

The talks comply with Could’s tariff deal that rolled again U.S. duties on Chinese language items to 30% from 145% and minimize Chinese language tariffs on U.S. items to 10% from 125%. That truce was prolonged in July. Negotiators have additionally convened in Europe in latest months to ease tensions.

In Washington, Li is predicted to debate U.S. soybean purchases, fentanyl-linked tariffs, and restrictions on know-how gross sales to China. The backdrop stays tense, with Trump threatening “200% tariffs or one thing” if Beijing restricts uncommon earth exports.

This text was written by Aaron Cutchburt at investinglive.com.