US, China Brace for More Negotiations
As another round of trade talks between Beijing and Washington are set to begin today in the U.S. capital, the March 1 deadline for sealing a deal — when U.S. tariffs on $200 billion in Chinese imports would leap to 25 percent — is fast approaching. Experts believe the results of these talks could be a bellwether for Trump’s global trade policies writ large.
What’s the secret to success? While China’s pledge to purchase more U.S. goods has been seen as a positive signal, experts say Washington needs to establish an effective enforcement mechanism before claiming victory.