“After Liu He’s visit to the US, at least an interim agreement between Washington and Beijing is likely to be reached, and then trade talks will continue,” says Zheng Zhong, Chairman of the Council on Economic and Diplomatic Relations.

China and the US have imposed tariffs on imports on each other since last year, and tensions have rised further between the two countries after the arrest of Huawei’s CFO in Canada at the request of the United States.

The two sides reached a temporary ceasefire at the G20 meeting in Argentina and agreed not to impose any additional import tariffs until 01.03.2019.