US Holds Talks With Chinese Officials as Trade War Looms

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China’s Ministry of Commerce sent trade officials to Washington this week at the invitation of the United States.

This is a welcome respite from all the talk of a trade war between the two countries, but we are still far from an armistice.

While the talks between Chinese Vice Minister of Commerce Wang Shouwen and U.S. Treasury Undersecretary David Malpass are taking place Aug. 22 and 23, it will likely be too late to stop Customs and Border Protection from collecting taxes on $16 billion worth of imports from China starting on Aug. 23.

However, fruitful dialogue could pre-empt the tax on $200 billion worth of imports that could …

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