The negotiations will be announced on Jan. 15 as part of the signing of a Phase 1 trade deal between the U.S. and China, but will be separate from any second-phase trade negotiations, the Journal reported, adding the effort will be lead by U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He.
The two sides, undergoing a trade war for well over a year, are mulling naming the process as the 'Comprehensive Economic Dialogue', according to the report.