U.S., China lack deal but avoid rupture after Trump tariffs hit
Story Date: 5/13/2019

 

Source: AGWEB, 5/10/19

U.S. and Chinese officials wrapped up high-level trade talks on Friday, lacking a deal yet avoiding a breakdown in negotiations even after President Donald Trump boosted tariffs on $200 billion in goods from China and threatened to impose more. The U.S. gave its bottom line in talks in Washington, saying Beijing had three to four weeks more to reach an agreement before the Trump administration enacts additional tariffs on $325 billion of Chinese imports, not currently covered by punitive duties, according to two people familiar with the talks.

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