US Commerce Secretary Wilbur Ross arrived in Beijing today for talks aiming to ease tensions over tariffs that have heightened fears of a trade war between the world's two biggest economies, Chinese state media said.
Despite announcing a truce earlier this month, the United States is working to finalise planned sanctions on Beijing -- including restrictions on Chinese investment, export controls and 25 percent tariffs on USD 50 billion in Chinese tech goods.
China has threatened to hit back with tit-for-tat tariffs on tens of billions of dollars in US goods.
Ross will stay in the Chinese capital until Sunday, a US government official told AFP. His visit comes as fears of an all-out global trade war intensified after the European Union,
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