US proposes new round of trade talks with China: Report

Trump administration officials have sent a proposal for a fresh round of trade talks to the Chinese government, according to a new report Wednesday. The move follows several weeks of rising tensions between the two sides as President Trump has suggested ratcheting tariffs up to cover more than half a trillion dollars in Chinese goods.

Treasury Secretary Steven Mnuchin sent a letter to China’s Vice Premier Liu He proposing bilateral talks in the coming weeks, according to the Wall Street Journal. It was not known whether Beijing has responded.