US-China trade talks wrap up, with outcome unclear

BEIJING (AP) — Most Asian markets have opened lower after China and the U.S. wrapped up trade talks without indicating if they made progress on resolving a dispute over Chinese technology policies that has the world’s two biggest economies embroiled in a bruising trade war.

The talks were the first face-to-face meetings since Presidents Donald Trump and Xi Jinping agreed to suspend tariff increases during negotiations.

The Chinese Ministry of Commerce issued a statement Thursday saying there were “detailed exchanges” and would “maintain close contact” but gave no details.

A statement from the Office of the U.S. Trade Representative didn’t characterize the tone of the talks or say what would happen next. It said U.S. negotiators would await “guidance on the next steps” after reporting back to Washington.

Categories: International News