BEIJING -- China's government said Thursday it has made plans with Washington for talks in January aimed at ending a tariff battle that threatens to depress global trade.
The two sides have "made specific arrangements for face-to-face meetings" and are talking by phone, said a Ministry of Commerce spokesman, Gao Feng. Gao gave no details.
Trump agreed to postpone tariff hikes on $200 billion of Chinese imports planned for Jan. 1. Beijing responded by announcing a delay in a 25 percent duty on imported U.S. vehicles.
Companies and investors worry the dispute might depress global trade at a time of rising anxiety about signs economic growth might be slowing.
The two sides are maintaining "close communication," said Gao.
Chinese Ministry of Commerce (in Chinese): www.mofcom.gov.cn