Despite Donald Trump saying deal ‘could happen fairly soon’, analysts warn against over-optimism
Trade tensions between the US and China could rapidly rekindle despite rising hopes of a deal, analysts have warned, after Donald Trump promised to pause the launch of higher import tariffs on Chinese goods.
The US president announced late on Sunday that he would delay raising tariffs on as much as $200bn (£153bn) of Chinese goods from 10% to 25% after progress was made in talks between Washington and Beijing, averting the imposition of the higher rate from 1 March.
I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very……
Link : Analysts urge caution over hopes for US-China trade solution