Trade War

The Week Ahead

US-China trade talks: no end in sight Dr. Rebecca Harding, CEO As US-China trade talks resume this week, the spectre of global trade disintegration on nationalistic grounds looms ever larger. There is one month to strike a deal between the two countries before the 90-day ceasefire in tit-for-tat rhetoric expires. At stake is $200bn of Chinese exports to the US which will have tariffs of 25% imposed on them, as opposed to the 15% now.…

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The trade war in your head? A look behind the US-China feud

As the US-China talks resume this week, the spectre of global trade disintegration on looms ever larger.

There is one month for Donald Trump and Xi Jinping to strike a deal before the 90-day ceasefire in tit-for-tat rhetoric expires.

At stake is $200bn of Chinese exports to the US, which will otherwise see tariffs rise to 25 per cent from 15 per cent now.

China exports nearly four times the value of goods to the US as the US exports to China. These exports are dominated by electronics and machinery, while the next largest sectors are what might be expected from an emerging economy: furniture, clothing, toys, and automotive components.

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