• SENSEX
    NIFTY 50
Economy

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
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV