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U.S., China Lack Deal But Avoid Rupture After Tariff Hike

Trump said Friday there’s no reason to rush a trade agreement
Talks in Washington made little progress, according to sources

Video player cover image — Lavin, a former U.S. Commerce Department official, and Zhu, adviser of China’s institutions, discuss the trade spat.(Source: Bloomberg)

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May 10, 2019, 4:01 AM UTCUpdated onMay 10, 2019, 7:24 PM UTC

U.S. and Chinese officials wrapped up high-level trade talks on Friday, lacking a deal yet avoiding a breakdown in negotiations even after President Donald Trump boosted tariffs on $200 billion in goods from China and threatened to impose more.

Trump described the two days of talks as “candid and constructive,” and said that negotiations will continue “into the future.”