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China and US Discuss Trump-Era Tariffs Biden’s Looking to Ease

July 5, 2022, 4:42 AM

Senior US and Chinese officials discussed US economic sanctions and tariffs Tuesday amid reports the Biden administration is close to rolling back some of the trade levies imposed by former President Donald Trump.

The lifting of tariffs and sanctions and the fair treatment of Chinese enterprises are areas of concern to China, Vice Premier Liu Hetold US Treasury Secretary Janet Yellen in a video call Tuesday morning Beijing time, according to a statement from China’s Ministry of Commerce. The two officials last spoke in October.

WATCH: Yellen and Chinese Vice Premier Liu discussed US economic sanctions and tariffs. Bruce Einhorn reports.
Source: Bloomberg

According to China, the two sides discussed economic policy and stabilizing global ...