China will acknowledge concessions made in any trade deal with the United States for the sake of stabilizing shaky relations,
President Donald Trump said Friday that trade negotiations with China were going "extremely well" and again offered the possibility of extending the March 1 deadline for a sharp rise in punitive tariffs.
High-level talks are to begin in the Chinese capital Thursday in a bid to ward off sharp US tariff hikes that could harm the global economy.
WASHINGTON: The trade deal that US negotiators are seeking with China may have more in common with a sanctions-monitoring regime than a traditional trade pact. The administration of US President Donald Trump is pushing China to agree to regular reviews of its compliance as a condition of any trade deal between the world’s two biggest economies, according to people familiar with the talks. The proposal for reviews is one key way in a US-China deal could differ from typical trade deals across the world, in part because…
SINGAPORE: Trade tensions between the United States and China will trigger a “domino effect” of protectionist measures, Malaysia warned on Tuesday as Asian leaders gathered for a summit overshadowed by the tit-for-tat tariff war between Washington and Beijing. The comments by Prime Minister Mahathir Mohamad in Singapore came as China’s premier – for a second day – struck a conciliatory note on the trade spat, saying he was hopeful that the two sides will find a way to prevent it escalating further. “I still hope we can…