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08:10, 01-May-2018
White House announces members of US trade delegation to China
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US President Donald Trump announced members of the US delegation to China, who will discuss the trade relationship between the two countries beginning May 3. They include:
Terry Branstad, US Ambassador to China
Steven Mnuchin, Secretary of the Treasury
Wilbur Ross, Secretary of Commerce
Robert Lighthizer, United States Trade Representative
Larry Kudlow, Assistant to the President for Economic Policy
Peter Navarro, Assistant to the President for Trade and Manufacturing Policy
Everett Eissenstat, Deputy Assistant to the President for International Economic Affairs
What can be expected from the upcoming China-US trade negotiations? Get to know the positions of key members in the picture below:
CGTN Photo
CGTN Photo
Mnuchin told Fox News in an interview aired Monday that he is "cautiously optimistic" about the meetings on Thursday and Friday. "Hopefully we'll make significant progress. We're going to make progress," he said of the Beijing trip.
He said American officials planned to raise intellectual property rights, joint technology and joint ventures, with Chinese officials.
China has said it is open to trade negotiations with the United States after US President Donald Trump proposed imposing tariffs of 50 billion US dollars in Chinese exports and threatened additional tariffs of 100 billion US dollars. China, in response, said it will impose its own tariffs on American products.
Asked about concerns over possible retaliatory measures by China, Mnuchin said: “It’s not a worry of mine,” adding that Trump was focused on “free and fair and reciprocal trade.”
Chinese Vice Premier Liu He will be part of this week’s meeting, Mnuchin told the network.
(With input from Reuters)