BEIJING/WASHINGTON (Reuters) – A U.S.-China trade fight resulting in duties on $34 billion worth of each other’s imports was seen dragging on for a potentially prolonged period, as Washington and Beijing flexed their muscles with no sign of negotiations to ease tensions. The escalating fight between the world’s two biggest economies meant that it could “take economic and political pain to get these two parties to the (negotiating) table,” said Scott Kennedy, head of China studies at the Center for Strategic and International Studies in Washington. President Donald Trump already is threatening additional rounds of tariffs, possibly targeting …read more
Source:: Yahoo Finance
