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