Marketplace®

Daily business news and economic stories

This U.S.-China deadline looms before the trade war deepens

U.S.-China negotiators have less than three weeks to come to a deal before the trade war deepens. Tariffs on Chinese imports are set to rise from 10 percent to 25 percent after March 1. An official delegation begins meeting Monday in Beijing, joined by top Trump administration officials — Treasury Secretary Steven Mnuchin and U.S. […]

Shipping containers from China and other nations are unloaded at the Long Beach Port in Los Angeles, California on February 16, 2019.
Shipping containers from China and other nations are unloaded at the Long Beach Port in Los Angeles, California on February 16, 2019.
MARK RALSTON/AFP/Getty Images

U.S.-China negotiators have less than three weeks to come to a deal before the trade war deepens. Tariffs on Chinese imports are set to rise from 10 percent to 25 percent after March 1. An official delegation begins meeting Monday in Beijing, joined by top Trump administration officials — Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer — on Thursday. Many analysts think rather than striking a significant deal or allowing the harsher tariffs to go into effect, a third option is most likely.

Click the audio player above to hear the full story.

Related Topics

Collections: