Where do China trade talks go from here?

High-stakes threats and an uncertain future

Stocks.
(Image credit: STR/AFP/Getty Images)

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President Trump this week threatened China with new tariffs ahead of trade talks as negotiations faltered, said Ana Swanson and Keith Bradsher at The New York Times. For weeks, White House officials had suggested that a deal to end the year-long trade war was imminent. But "Chinese officials took a tough line in high-level trade negotiations last week in Beijing," infuriating Trump, who suggested they were trying to "renegotiate" commitments. Though levies on $250 billion worth of Chinese goods have not cut the trade deficit, Trump tweeted that he now intends to "tax nearly all of the products China exports to America" at a rate of 25 percent. Judging that "a full breakdown in talks may be difficult to repair," a 100-person Chinese delegation proceeded with plans for a scheduled meeting in Washington, said Chao Deng and Lingling Wei at The Wall Street Journal. But it's not clear they are ready to meet a U.S. demand that an agreement "lay out an inventory of laws and regulations that Beijing must revise."

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