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Trade war to be delayed between US and China

On May 17, President Trump met with visiting Chinese Vice-Premier Liu He in the White House Oval Office to exchange views on bilateral economic and trade relations. Liu, as a special envoy for President Xi Jinping, extended Xi and first lady Peng Liyuan’s warm greetings to Trump and his wife Melania. Trump expressed his thanks for the greetings and asked Liu to convey their well wishes to Xi and Peng.  The trade talk was completed by both government officials Friday, no detailed agreement was disclosed, however, both party issued a joint statement for further discussion. It seems the trade war between two nations will not occur soon.

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It is reported ZTE was not a subject during the trade negotiation.  ZTE is still expected to be penalized by the US government. Over 80,000 jobs of ZTE are at risk during to the ban imposed by the US government.

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