Chinese vice premier arrives in Washington for 11th round of China-U.S. trade consultations
Chinese Vice Premier Liu He arrived in Washington on Thursday for the 11th round of high-level economic and trade consultations with the U.S. side.
Liu told reporters upon his arrival that he came to Washington with sincerity, saying that under the current special circumstances he hopes to engage in rational and candid exchanges with the U.S. side.
China believes that imposing more tariffs is not the solution to the current situation; it's against China, the U.S. and the rest of the world's interests.
China and the U.S. are along the same industrial chains, so both sides will get hurt if more tariffs are to be imposed, Liu told the reporters.
There are some setbacks from the trade negotiations, but it shouldn't hurt the interests of the two countries' people and other innocent parties, Liu said.
The best outcome is to find a realistic way to solve the frictions with principle, through cooperation between China and the U.S.
Liu is also a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-U.S. comprehensive economic dialogue.
China believes that raising tariffs is not a solution to the problems, Liu said, noting that it is harmful to China, to the United States and the whole world.