Here’s what no trade deal could mean for the US and China

Reuters/Kevin Lamarque

  • The US and China appear to be far from a breakthrough on trade negotiations.
  • Both economies have seen a series of dismal data in recent weeks.
  • Experts say further escalations, which are set to take place in March, would have far-reaching consequences for the global economy. 

With just over a month before planned escalations in a trade war between the US and China, negotiations seem to be on thin ice.

“There’s been a lot of anticipatory work done but we’re miles and miles from getting a resolution, and frankly that shouldn’t be too surprising,” Commerce Secretary Wilbur Ross said in an interview that aired Thursday on CNBC

See the rest of the story at Business Insider

NOW WATCH: What will happen when Earth’s north and south poles flip

See Also:

SEE ALSO: One of Trump’s top economic advisers thinks the US-China trade war will cause a ‘heck of a lot of US companies’ to make nasty announcements like Apple’s


Author: admin

Добавить комментарий

Этот сайт использует Akismet для борьбы со спамом. Узнайте как обрабатываются ваши данные комментариев.