Mnuchin, who is also the U.S. President’s special envoy, is meeting with Chinese Vice Premier Liu He, a member of the Political Bureau of the Communist Party of China Central Committee, who is heading the Chinese side.
The talks, which run until Friday, are focused on the root cause of the strained trade relations between the world’s two largest economies. The meetings are expected to find a solution to the ongoing tit-for-tat punitive tariffs.
The Chinese Foreign Ministry said earlier that China welcomes talks, but the outcome must benefit both sides.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.