Trading punches for months, will US-China thrash out a trade deal? | World News, The Indian Express

Trading punches for months, will US-China thrash out a trade deal? | World News, The Indian Express

By Express Web Desk |New Delhi |Updated: May 18, 2019 11:36:37 am

Trading punches for months, will US-China thrash out a trade deal?

The United States has maintained that Beijing has apparently reneged on its earlier commitments in trade negotiations, even as it swooped down with double tariffs on nearly USD 200 billion worth of Chinese goods on May 10.

U.S. President Donald Trump delivers his speech as he and China’s President Xi Jinping meet business leaders at the Great Hall of the People in Beijing in 2017. (Reuters photo)

The US-China trade fight, that has been raging for a few months now, shows no signs of receding and the slugfest has only intensified this month.