China, U.S. Aim For Smaller Deals As Trade Talks Restart

The transcript discusses the resumption of US-China trade talks, highlighting key issues such as the reintroduction of a currency pact to prevent currency devaluation, the US Treasury's labeling of China as a currency manipulator, and the potential pause on tariffs. It also covers President Trump's decision to allow some US companies to trade with the blacklisted Chinese tech company Wowway. Additionally, China is reportedly offering to purchase more American agricultural products, including soybeans, pork, and wheat. President Trump expressed optimism about reaching a trade deal, emphasizing the need for a favorable agreement for the US. The duration of the Chinese negotiators' stay in Washington remains uncertain, but a meeting with China's vice premier is scheduled.

What is the main goal of the talks mentioned in the text?

What action is the US Treasury taking regarding China in the context of currency?

What specific agricultural products is China reportedly offering to buy from the US?

What did President Trump say about the nature of the trade deal with China?

What is the significance of the meeting between President Trump and China's vice premier?