5 Things to Know about US-China Trade Negotiations

new9.jpg

The United States and China have held their first face-to-face trade talks since Presidents Donald Trump and Xi Jinping agreed Dec. 1 to postpone further tariff increases in the trade war between the world’s two biggest economies.

The meetings are the start of what economists say are likely to be lengthy, contentious negotiations over U.S. complaints that Beijing’s technology ambitions violate its trade obligations.

Beijing and Washington have raised tariffs on billions of dollars of each other’s goods, prompting fears the conflict will dampen global economic growth that is showing signs of slowing.

Here are five things to know about the biggest trade conflict to date between the U.S. and China:

  • What is the dispute?
  • What are the stakes?
  • What is the time line?
  • What are possible outcomes?
  • What has been the economic fallout so far?

Read the details at AP News