China, US to hold trade talks in late August

China: Trade talks with the US are back on

Reuters reported Thursday that representatives from the Treasury Department will meet with China's Vice Minister of Commerce Wang Shouwen and other officials in Washington, D.C.

China and the United States have retaliated back and forth with tit-for-tat tariffs and have threatened further tariffs on exports worth hundreds of billions of dollars.

A statement by the Chinese Ministry of Commerce on Thursday said it will hold a fresh round of trade talks with US officials in Washington before the end of the month.

The statement said China opposed unilateralism and trade protectionism.

Chris Watts Interview About His Wife & Daughters [FULL VIDEO]
The bodies of the couple's two daughters Bella , four, and Celeste , three, were found later in the afternoon at the same site. Watts, from Frederick, Colorado, has been arrested in connection with the case, according to the Frederick Police Department.

A Chinese trade delegation will visit the USA this month to kick off a new round of talks, the first since negotiations broke down two months ago.

The two sides will impose an additional round of tariffs on $16 billion worth of goods from each country effective August 23.

The Wall Street Journal reported that the talks in Washington would take place on August 21 and 22, just before $16 billion in new US tariffs on Chinese goods take effect, along with an equal amount of retaliatory tariffs from Beijing.

U.S. Treasury officials declined to comment on the talks, referring Reuters to Kudlow's remarks on CNBC.

Sark preparing to see meteor shower
NASA says the best time to see the shower is between 2 a.m. and dawn local time-but the shower will be visible as early as 9 p.m. Skies should be clearing and by the time we hit that peak viewing time after 1 AM it should be partly cloudy to clear.

"Mostly, I think investors are moving out of China because they don't like the economy and they're moving to the U.S. because they like our economy", he told the room. He continued, "Right now, their economy looks bad".

The talks, which will take place at a lower level than previously, are the first official attempt by the world's two largest economies to alleviate trade tensions that have been simmering since June.

"It is possible that China may stress to the U.S. that China will continue reform", he said.

After negotiations in Washington in May, Beijing believed it had assurances from the USA that tariffs were off the table, with Mnuchin saying the trade war and tariffs were "on hold".

Brazilian Ronaldo In Intensive Care In Ibiza Hospital
He represented his country in three World Cups, including the 2002 edition, when Brazil won its fifth tournament title. According to the Diario de Ibiza , he has now been admitted to the ICU of the Nuestra Señora del Rosario Polyclinic .

News of the talks boosted China's yuan currency and its stock markets, which have been hit hard by negative sentiment related to the trade war and a slowing domestic economy.

Related news:

Hot News

isis-killer-beheading-video-story-top Iran offers discount oil to Asia
Aug 15, 2018 - 19:17
With more United States sanctions looming, anxiety over the developments in Turkey have been weighing on markets. Markets worry the sell-off, which shows no clear signs of stopping, could spill over to other countries.

isis-killer-beheading-video-story-top Manchester United's Will Vint leaves club because of visa issues
Aug 15, 2018 - 18:49
Former Real Madrid head coach Zinedine Zidane has reportedly been lined up for a shock move to the English Premier League . The Portuguese manager had warned United's board that the club face a "difficult season" if the squad was not improved.

isis-killer-beheading-video-story-top Vermont nominates 1st US transgender candidate for governor
Aug 15, 2018 - 17:55
If elected in November, Mr Sanders would extend his run as the longest-serving independent in United States congressional history. Jahana Hayes, who was named national teacher of the year in 2016, won the Democratic nomination in a western district of CT .

isis-killer-beheading-video-story-top Afghan government asserts ‘complete control’ over Ghazni after Taliban assault
Aug 15, 2018 - 12:26
Washington has held preliminary talks with the insurgents in an attempt to find a negotiated end to Afghanistan's protracted war. Danish said at least 25 security forces had died in the fighting along with 150 Taliban fighters.

isis-killer-beheading-video-story-top Jury finds Ben Stokes not guilty of affray
Aug 14, 2018 - 18:56
The Bristol couple who Ben Stokes says he was defending from homophobic abuse say he "didn't deserve being put through a trial". Ali denied that Mr O'Connor and Mr Barry were being "a bit of a nuisance" and he and Mr Hale were getting "irate" with them.

isis-killer-beheading-video-story-top Barcelona chief won't rule out move for Manchester United star Paul Pogba
Aug 14, 2018 - 18:55
Maybe Manchester United supporters don't need to worry about Paul Pogba leaving after all. Pogba was also asked about the contrast playing for Red Devils and Les Bleus.

isis-killer-beheading-video-story-top Tesla CEO Musk taunts short sellers amid legal scrutiny
Aug 14, 2018 - 18:27
The Tesla board of directors is now planning to meet next week to formalize the process and further consider the idea. Securities and Exchange Commission had begun inquiring about Musk's activity.

isis-killer-beheading-video-story-top Trump & Cuomo Spar During President's NY Visit
Aug 14, 2018 - 17:46
Trump signed the NDAA, or H.R. 5515, during a visit to Fort Drum in upstate NY on Monday afternoon. Some government contractors that already rely on ZTE and Huawei gear will be greatly affected.

isis-killer-beheading-video-story-top Aretha Franklin is 'alert' and resting at home, family member says
Aug 14, 2018 - 17:05
Franklin was awarded the Presidential Medal of Freedom - the highest award for an American civilian - by then-president George W. Sources close to the singer told the Associated Press and the celebrity website TMZ that her health was failing.

isis-killer-beheading-video-story-top Last-minute technical problem delays NASA's flight to sun
Aug 14, 2018 - 16:12
NASA's Parker Solar Probe - first mission to "touch" the Sun in the history of mankind - has been shifted to its launch pad. If everything goes according to plan, temperatures inside the spacecraft should be a mere 85 degrees Fahrenheit.

isis-killer-beheading-video-story-top Asian markets mixed after Wall St falls on Turkey jitters
Aug 14, 2018 - 15:23
Erdogan has remained defiant after Trump doubled tariffs on aluminum and steel imports from Turkey to 20% and 50%, respectively. There is no economic reason. "This is called carrying out an operation against Turkey ", he told reporters on Sunday, Aug. 12.

Former White House aide releases Trump tape
Aug 14, 2018 - 11:06
On Monday, the former senior aide revealed a recording she'd made of the President phoning her on the day after she was sacked . In her book, she says she only heard second-hand accounts of the tape, claims that Luntz denied, earning him that Trump retweet.

isis-killer-beheading-video-story-top Chelsea boss Sarri: I need Luiz. I don't care about Conte row
Aug 13, 2018 - 15:32
We have to move the ball faster. "It's just getting the best of a situation which is not ideal for Chelsea but getting the best". I think we played very well. "Then I think in the second half the opponents were a bit exhausted and it was easier".

isis-killer-beheading-video-story-top Soul Music Legend Aretha Franklin Is Reportedly Near Death
Aug 13, 2018 - 14:24
She last performed less than a year ago in November of 2017 at a fundraiser for the Elton John AIDS Foundation in NY . In a statement to Us Weekly, she said: "I'm doing well generally, all tests have come back good".

isis-killer-beheading-video-story-top Omarosa recorded John Kelly firing her
Aug 13, 2018 - 12:24
She alleges that she was threatened by Mr Kelly and that he told her things could get "ugly" if she did not go on friendly terms. Newman claims that in one tape, Trump uses a racial slur in off-camera remarks during his time on The Apprentice .