US commerce secretary said that US government has “open lines of communication” with China.


Raimonda, US commerce secrerary concluded a four-day visit to China, the world’s second largest economic power last week. She is the fourth cabinet member to visit China this year and the first commerce secretary to visit China in five years. She reiterated that culticating the USD 700 billion bilateral relationship is valuable not just for the two countries, but also for the global economy. One of the crux will be a trade dispute over semiconductors which are used to make chips for cars, smartphones, advanced computers and weapons systems.

Raimondo said the dialogue with China is open but will be continues to be a tough tone. She also added that US government have plenty of tools in their toolbox…export controls, outbound investment screening, tariffs, countervailing duties.



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