US, China agree to slash tariffs
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Beijing is trying to win over other countries with vows of economic cooperation. But it won’t back down from its territorial claims, experts predict.
The lead U.S. negotiator in trade talks with China cheered “a great deal of productivity” in resolving differences between the world’s two leading economic powers, after officials wrapped two days of bargaining in Switzerland following President
Hong Kong's benchmark Hang Seng Index closed 3% higher after both the U.S. and China chose to de-escalate a budding trade war.
US officials met with their Chinese counterparts for the first time on Saturday to go head-to-head over President Trump’s tariff war.
The Associated Press - Business News on MSN4d
As US and China begin trade talks in Geneva, Trump's tariff hammer looks less mighty than he claimsTrump’s escalation sent financial markets tumbling and left U.S. retailers warning that they might run out of goods as U.S.-China trade implodes. U.S. consumers, worried about the prospect of empty shelves and higher prices, are losing confidence in the economy.
It’s unlikely the U.S. and China can erase the tension in their geopolitical rivalry. But they can manage it. The current talks provide a key avenue.
U.S. Trade Representative Jamieson Greer spoke Monday night with CNN's Kaitlan Collins, who asked: "If there were no major concessions made in Geneva by the Chinese officials, some businesses may ask,
A truce in the U.S.-China trade war set off a relief rally in stocks on Monday and propelled the dollar higher, but investors fear further negotiations could prove a long slog, as risks of a global economic slowdown persist.