On June 29, after the first meeting of the US dollar at the G20 Osaka Summit, the two sides agreed to restart economic and trade consultations on the basis of equality and mutual respect. The US side said it will no longer impose new tariffs on Chinese exports. The economic and trade teams of the two countries will discuss specific issues.
On July 4, the spokesman of the Ministry of Commerce spoke at the press conference that the economic and trade teams of China and the United States have maintained communication. The peak emphasized that Sino-US economic and trade frictions will ultimately be resolved through equal dialogue and consultation. The US no longer imposes new tariffs on Chinese products and avoids further escalation of economic and trade frictions. China welcomes this. Gao said that he hopes that the two sides will take care of each other's legitimate concerns on the basis of equality and mutual respect and follow the important instructions of the meeting between the two heads of state to seek a mutually beneficial and win-win solution.
This is good news for both Chinese and American.
Today is independence day for America,we wish all American: Happy Fourth Of July.