U.S., China Enter Day Two of Trade Talks as New Tariffs Kick In
- Mid-level officials meeting in Washington to avert trade war
- U.S., China imposed $16 bln in tit-for-tat tariffs Thursday
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Senior U.S. and Chinese officials embarked on a second day of trade talks Thursday with expectations low of any meaningful progress as Beijing and Washington traded their latest round of tit-for-tat tariffs.
The world’s two largest economies on Thursday each imposed tariffs on imports worth some $16 billion, taking the total value of goods hit as a result of President Donald Trump’s trade war with China to $100 billion.