A Chinese and American flag at a booth during the first China International Import Expo in Shanghai.
Johannes Eisele | AFP | Getty Images
China and the United States held "constructive" trade talks in Washington on Saturday, state news agency Xinhua said.
The two countries agreed to continue communicating on related issues and discussing the details of the next round. At the October trade talks, Xinhua said without giving any further details.
Chinese officials should visit US farmers out of goodwill next week, but said Montana and Nebraska agricultural organizations announced their return to China earlier than originally planned
The United States had tariffs on overnight at US companies' request more than 400 Chinese products deleted.
The Chinese Embassy and US Department of Agriculture did not immediately respond to requests for comments.
The US The sales representative's office made a brief statement in which the two days were described as "productive", stating that a high-level trade meeting would take place in Washington ce in October as previously planned.
Trade experts, executives and government officials in both countries say the US-China trade war has become a political and ideological struggle, even though talks in September and October have created a temporary deal. The Chinese delegation has no new proposals on core structural issues, including intellectual property protection, forced technology transfer, industrial subsidies and other barriers to trade, a person briefed in the talks said.
"The conclusion of the US side was that we are not near an agreement," the person said.
This source and another person familiar with the talks said that the head of the Chinese delegation, Vice-Minister of Finance Liao Min, has made China's demands that any deal erase all US tariffs and must be balanced, so that there are not only concessions from Beijing and none from Washington.
The sovereigns said that lack of results of vice meetings is not uncommon, as they are often not allowed to conclude deals or make new offers.
The meeting in early October will feature key negotiators: Chinese Vice Premier Liu He, US Representative Robert Lighthizer, and US Treasury Secretary Steven Mnuchin. It is expected to determine whether the world's two largest economies are moving away from their 1
Cancellation of Chinese Agricultural News Wall Street's major stock indices, which may have led to an increase in US soybean and pork purchases, declined as early optimism over the talks faded as well. China is the world's largest market for pork and the largest importer of soybeans.