Liu He will dine with U.S. Trade Representative Robert Lighthizer and other U.S. officials as the Trump administration and China try to reach a trade deal.
Liu He, China's vice premier and top trade negotiator, will have dinner with President Donald Trump's trade team Thursday evening in Washington, just hours before the U.S. will hike tariffs on $200 billion in Chinese goods.
Markets will be watching for any clues or updates to leak out of the dinner. U.S. stock futures open at 6 p.m. ET. Stocks declined at the opening bell Thursday morning after Trump said during a Wednesday night campaign rally that China"broke the deal." The U.S. has officially filed paperwork to raise duties on the Chinese products to 25% from 10% at 12:01 a.m. ET on Friday. While the Trump administration said it could reverse its decision if the sides make progress during talks Thursday, it is unclear whether Washington and Beijing can move close enough to a deal.
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