U. S. and Chinese negotiators are to resume trade talks just hours before the United States is set to raise tariffs on Chinese imports in a dramatic escalation of tensions between the world’s two biggest economies…
WASHINGTON — U. S. and Chinese negotiators are to resume trade talks just hours before the United States is set to raise tariffs on Chinese imports in a dramatic escalation of tensions between the world’s two biggest economies.
In Beijing, Chinese officials said Thursday they will retaliate if President Donald Trump goes ahead with more tariff hikes but offered no specific penalties.
The talks starting up again Thursday were thrown into disarray this week after top U. S. trade negotiator Robert Lighthizer and Treasury Secretary Steven Mnuchin accused the Chinese of reneging on commitments they’d made earlier.
