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79 viewsChinese Vice Premier Liu He will be representing the delegation from Beijing, one of the people told CNBC.
But Liu was stripped of that title on a subsequent trip, after hardliners within the Communist Party balked at some of the concessions to which he had agreed.
The White House, the Treasury Department and the Office of the U.S. Trade Representative did not respond to CNBC’s requests for comment before publication.
Trump administration officials have said they expected the talks with Beijing, which stalled out earlier this year amid disputes over a possible trade deal, to resume next month.
The two economic superpowers in recent weeks have seen a gradual thaw in the tensions that have plagued negotiations over a sweeping deal that would address the U.S. trade deficit with China, intellectual property theft and the forced transfer of technology.
A spokesperson for China’s Ministry of Commerce said Thursday that the country had purchased a “considerable” amount of U.S. soybeans and pork products ahead of the next round of talks. The announcement marked a stark shift in relations from a month earlier, when Beijing said it had suspended all purchases of U.S. agricultural products.
Chinese officials had asked the Trump administration to delay a planned escalation of tariffs on Oct. 1, set to coincide with the politically sensitive anniversary of the People’s Republic. Trump tweeted in September that he would oblige the request. Tariffs on $250 billion in Chinese goods will now rise to 30% on Oct. 15, four days after the next round of talks wraps.
" At the request of the Vice Premier of China, Liu He, and due to the fact that the People's Republic of China will be celebrating their 70th Anniversary on October 1st, we have agreed, as a gesture of good will, to move the increased Tariffs on 250 Billion Dollars worth of goods (25% to 30%), from October 1st to October 15th. "
In his speech to the entire U.N. assembly Tuesday, Trump had reaffirmed that he will not accept a “bad deal” with China.
