In anticipation of the meeting between President Donald Trump and China’s Xi Jinping, the states resumed trade contacts.To get more news about ifx brokers, you can visit wikifx.com official website.

U.S. sets strict requirements, but there is no exact answer, whether China will cede the conditions. However, Kudlow said – “it’s better to talk than to not talk” in an interview on CNBC Tuesday. The Chinese negotiator, Liu He, is scheduled to arrive in Washington for informal talks. This information was confirmed by Commerce Secretary Wilbur Ross.

“We are talking to them again,” Kudlow said. “We’re having communications at all levels of the U.S. and Chinese government” to prepare for the Group of 20 leaders’ summit in Argentina, taking place Nov. 30-Dec. 1. Kudlow added that he won’t make a prediction on the outcome of discussions.

The first 6-month telephone talks took place between Trump and Xi two weeks ago. After that, a telephone conversation followed between Treasury Secretary Steven Mnuchin and Liu.
U.S. stocks struggled to hold early gains on Tuesday after oil prices slumped, just as hopes were rising for progress in the American-China trade dispute. Trump is committed to achieving greater trade balance between the US and its allies. Therefore, new rates for cars, probably will not be introduced.

“We are willing to negotiate with the U.S.,” Chinese Premier Li Keqiang said. In his opinion, the United States and China have enough wisdom to “be able to find a solution that is acceptable to both sides.”
A prerequisite for successful negotiations is the mutual respect of the parties. “As long as we respect each other’s core interests and major concerns, we will be able to contain and resolve the disputes,” Li said.
The Trump administration has said that it wanted a substantive response to a long list of demands for what it calls “structural” changes in Chinese industrial policy. Trump has rejected deals negotiated by aides such as Mnuchin and Ross that were focused on increasing purchases rather than substantive reforms.