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US and China agree on trade as Alaska's governor meets Chinese vice premier

Governor Bill Walker meets with Vice Premier Liu He in Beijing. Photo from Gov. Walker's...
Governor Bill Walker meets with Vice Premier Liu He in Beijing. Photo from Gov. Walker's office. (KTUU)
Published: May. 21, 2018 at 7:33 AM AKDT
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Trade tensions between U.S. and China eased considerably Monday as officials with both countries signaled "significant progress" towards an agreement on trade matters.

According to the office of Alaska Governor Bill Walker, who is currently in China along with Alaskan officials with the Alaska Gasline Development Corporation, delegations from each country participated in meetings last week.

Those meetings, in Washington, "resulted in significant progress toward efforts to increase Chinese imports of U.S. goods and services, including energy and natural resources," according to a news release issued by Gov. Walker's office.

Meanwhile, Walker and others met with Vice Premier Liu He in Beijing as part of the Alaska trade mission to China. Walker extended thanks to both Pres. Donald Trump and Chinese Pres. Xi Jinping, for "working together to improve trade relations between our countries."

According to Walker, the news from Washington proved to be a big boon for the Alaska mission, stating, "The timing of our trade mission could not be better" and claimed "Alaska LNG Project is key to reducing the trade imbalance between the U.S. and China."

Vice Premier He reportedly just arrived back in China after helping the negotiations in Washington, meeting Walker as he too flew into China from the U.S.

Walker was reportedly in contact with Commerce Secretary Wilbur Ross, who coordinated with He on the U.S. side.

Blake Essig contributed to this report, and is traveling with Gov. Walker in China for KTUU and KTVF/Fairbanks. More reports from this trip will follow.