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Signs of new US-China trade discussions emerge as increased tariffs loom

Updated : August 30, 2019 07:19 AM IST

A new round of US tariffs on some Chinese goods is scheduled to take effect on Sunday, threatening to escalate an already bitter trade war.
China's commerce ministry also said a September round of meetings was being discussed by the two sides, but said it was important for Washington to cancel a tariff increase.
Trump last Friday said he was increasing existing and planned tariffs by 5 percent on about $550 billion worth of Chinese imports after Beijing announced its own retaliatory tariffs on US goods.
Signs of new US-China trade discussions emerge as increased tariffs loom

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