Watch: US and China are ready to talk tariffs - who will blink first?
Summary
US and Chinese officials are meeting in Switzerland this weekend to discuss trade tariffs. The talks follow high tariffs that the US and China imposed on each other earlier this year, leading to a big drop in trade between the two countries.Key Facts
- US and Chinese officials are starting trade talks in Switzerland this weekend.
- Earlier in April, the US imposed a 145% tariff on Chinese goods.
- In response, China set a 125% tariff on US goods.
- The tariffs have caused a significant decline in trade between the US and China.
- Discussions aim to address and potentially resolve these trade barriers.
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