World NewsAsia

Actions

Next Round Of U.S.-China Trade Talks Scheduled For October

China's commerce ministry said in a statement Thursday the two sides will hold high-level discussions in Washington in early October.
Posted

The U.S. and China have agreed to return to the negotiating table for yet another round of trade talks. 

China's commerce ministry said in a statement Thursday the two sides will hold high-level discussions in Washington in early October.

Chinese Vice Premier Liu He, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin reportedly spoke about the planned negotiations during a phone call Thursday.

But some analysts wonder if a breakthrough is possible, considering how much the ongoing trade war between the two countries has escalated. 

Last week, the U.S. started imposing 15% tariffs on a wide variety of Chinese goods, from firearms to apparel to electronics. And China slapped new duties on American crude oil. 

And earlier this week, China said it filed a complaint against the U.S. with the World Trade Organization over tariffs.

Additional reporting from Newsy affiliate CNN.