Jan
29

U.S. and China Are Talking Some More, But Deal Prospects Are Still Slim

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  • Washington hosting highest-level talks since Trump-Xi dinner
  •  March 1 deadline for U.S. tariffs to rise to 25 percent looms

The U.S. and China are sitting down Wednesday for the first of two days of high-level talks aimed at finding a solution to a trade war that’s casting a growing shadow on both of the world’s two largest economies. But don’t hold your breath for a deal.

Treasury Secretary Steven Mnuchin, who remains the most prominent advocate of a deal in the Trump administration, on Tuesday told the Fox Business Network he expected “significant progress” in this week’s talks…

U.S. and China Are Talking Some More, But Deal Prospects Are Still Slim

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