US-China Trade War: US Under 'No Presssure' To Strike Deal

US-China Trade War: US Under 'No Presssure' To Strike Deal

James Kirk
Author James Kirk
Collection StoriaBusiness

19under pressure20

The comments come in the wake of reports the two sides could resume talks to avoid a third round of US tariffs, reports the BBC.

China welcomed the prospect of talks, according to reports.

The US has launched a trade war against China that could see all of its exports to the US subject to duties.

61We are under no pressure to make a deal with China

69Our markets are surging

The US and China have imposed tariffs on $50 billion of one another's products this year in an escalating trade war between the world's two largest economies.

The tariffs are Trump's latest policy to challenge the free trade system that has existed for decades.

They are already affecting companies, especially the automobile industry, and denting economies, according to the BBC and CNN.

Image credit: Getty Images

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