New tariffs from China and the US are set to come into force on December 15. Photo: Reuters
New tariffs from China and the US are set to come into force on December 15. Photo: Reuters

Trade war: China deal unlikely this week with US distracted by USMCA, but new tariffs not expected

  • Sources from Beijing and Washington continue to believe that tariffs planned for Sunday will be averted, due to economic pressure on both the US and China
  • New US tariffs could lead to China unleashing ‘unreliable entities list’ on US companies, while soaring inflation and falling exports press on Beijing to make deal

New tariffs from China and the US are set to come into force on December 15. Photo: Reuters
New tariffs from China and the US are set to come into force on December 15. Photo: Reuters
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