U.S. Trade Representative Jamieson Greer said Monday that China's willingness to clasp commercialized talks with the United States this week is simply a "good sign," but helium is not expecting immoderate "enormous breakthrough."
"I don't expect immoderate benignant of tremendous breakthrough today, what I expect is continued monitoring and checking successful connected the implementation of our statement frankincense far," Greer said connected CNBC's "Squawk Box."
His comments travel arsenic apical officials from President Donald Trump's medication conscionable successful Sweden with their Chinese counterparts for the 3rd circular of commercialized talks since Trump's "Liberation Day" tariff announcement earlier this year.
One of the main questions looming implicit the talks is whether the 2 nations volition widen their impermanent intermission connected the sweeping tariffs that brought 2 of the world's largest economies to the brink earlier this year.
The current 90-day pause connected tariffs betwixt the U.S. and China is presently acceptable to expire connected Aug. 12, an statement that was reached aft leaders from the 2 nations held talks successful Switzerland successful May.
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Treasury Secretary Scott Bessent suggested past week that an hold of specified a intermission was apt to travel retired of this week's commercialized talks.
"We'll beryllium moving retired what is apt an extension," helium said past week successful a Fox Business interview, adding that helium thinks "trade is successful a precise bully spot with China."
Still, arsenic the satellite anxiously watches for signs of a detente successful the commercialized warfare betwixt the 2 nations, Greer down-played expectations of the talks, portion insisting that the U.S. wants to "move guardant successful a affirmative way."
"Our discussions with the Chinese are ever cordial and constructive," Greer said.
"This is the 3rd circular successful the past 3 months, truthful conscionable the information that we're talking and we privation to determination guardant successful a affirmative way, is its ain bully sign," helium continued.
With Trump's Aug. 1 commercialized deadline conscionable days away, the White House successful caller days has announced a fig of deals with large trading partners, including Japan and the European Union.
Greer said Monday that the White House doesn't "feel nether unit to person much deals."
"We'll spot however ambitious countries privation to be, we don't consciousness a indispensable urgency for deals, we similar to person deals, we privation to person thing that tin assistance restructure trade," helium said.
"But we've each heard the president repeatedly accidental that he's blessed with the tariff, he's blessed to conscionable nonstop a missive and acceptable a tariff, arsenic opposed to having a deal."
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