“Big Differences,” Says Beijing, After Critical US-China Trade Talks End
China and the US ended the second day of high-stakes trade talks Friday with “big differences”, Beijing said, leaving the world’s two largest economies on the brink of a trade war that could have knock-on effects on the global economy. The talks were aimed at forestalling momentum towards the looming conflict, with both sides prepared to pull the trigger on tariffs that could affect trade in billions of dollars of goods. “Both sides recognise there are still big differences on some issues and that they need to continue to step…
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