Signs of new U.S.-China trade discussions emerge as increased tariffs loom

MoneyControl | August 30, 2019

Signs of new U.S.-China trade discussions emerge as increased tariffs loom
The United States and China gave signs that they will resume trade talks as the two economic superpowers discussed the next round of in-person negotiations in September ahead of a looming deadline for additional U.S. tariffs. A new round of U.S. tariffs on some Chinese goods is scheduled to take effect on Sunday, threatening to escalate an already bitter trade war. President Donald Trump said some discussions were taking place on Thursday, with more talks scheduled. China's commerce ministry also said a September round of meetings was being discussed by the two sides, but said it was important for Washington to cancel a tariff increase.

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