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