A new round of trade talks between American and Chinese officials could help bring an end to the global trade war, former U.S. Treasury Secretary Jack Lew told CNBC on Monday.
A new round of trade talks between American and Chinese officials could help bring an end to the global trade war, former U.S. Treasury Secretary Jack Lew told CNBC on Monday, but resolving the remaining sticking points will be a rocky process.
"I suspect there are some more bumps in the road ahead as the most difficult issues get worked out," Lew told CNBC's Martin Soong in Beijing, China on Monday. U.S. officials are set to travel to China on Thursday for further trade talks, with Chinese officials poised to return the favour by visiting Washington in early April.
"The danger of our two countries being on a collision course is something that both countries should try to avoid," Lew said.
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