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Economy

Trump says he could let China trade deal deadline slip, 'not inclined to'

Updated : February 13, 2019 09:21 AM IST

US tariffs on $200 billion worth of imports from China are scheduled to rise to 25 percent from 10 percent if the two sides cannot reach a deal by the deadline, increasing pain and costs in sectors from consumer electronics to agriculture.
Erin Ennis, senior vice president of the US-China Business Council, said more time may be needed for a deal, which will require a meeting between Trump and his Chinese counterpart to complete.
The latest round of talks in Beijing kicked off on Monday with discussions among deputy-level officials to try to work out technical details, including a mechanism for enforcing any trade agreement.
Trump says he could let China trade deal deadline slip, 'not inclined to'
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