Trade talks between the U.S. and China are going very well but could drag on for a third day, U.S. Secretary of Commerce Howard Lutnick said. “We’re working on all sorts of trade issues, and I think talks are going really,

U.S. Commerce Secretary Howard Lutnick said on Tuesday trade talks with China were going well as the two sides met for a second day in London, seeking a breakthrough on export controls that have threatened a fresh rupture between the superpowers.

Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not change from their current levels, even as a trade deal between Washington and Beijing has yet to be finalized.