Chinese exports accounted about 18 per cent of the total US imports in 2018, representing 2.34 pc of the US GDP.
Brent crude futures were at USD 70.73 a barrel, up 11 cents, or 0.2 per cent, from their last close.
Liu voiced a measured optimism on reaching a deal, but said there were “issues of principle” on which China would not back down.
The value of products subject to new round of tariffs is approximately dollar 300 billion.
Slowly, Indian companies are showing an improvement in their corporate governance standards, with the good companies bettering their governance score.
The extradition of Vijay Mallya, accused of conspiracy to defraud banks and money laundering offences, has been approved by UK home secretary, the British government said on Monday, in a major blow to the liquor baron and boosting India's efforts to bring back the fugitive businessman.