US, China to redefine bilateral ties through trade war
Date:
2018-08-06
Views:
57
China and the US are trying to restart talks to avert a full-blown trade war, Bloomberg reported Tuesday. It quoted a source familiar with the matter as saying that representatives of US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He are having private meetings. Another Western media source reported that US President Donald Trump is considering raising the tariffs from 10 percent to 25 percent on $200 billion of Chinese goods. It seems that Trump is trying to force China to make its biggest concession by both carrot and stick.