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China and United States had “constructive talks” on trade in a high-level phone call on Saturday, state media Xinhua said.

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U.S. President Donald Trump on Sunday welcomed a “cash” payout to American farmers before the Thanksgiving Day holiday that he attributed to China tariffs, but that money actually is part of a U.S. government aid package.

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The US government is set to make yet another two-week extension to its license targeted at Chinese telecoms giant Huawei, allowing it to continue doing business with US companies for a short while, according to Reuters.

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President Donald Trump said the U.S. will increase tariffs on China in case the first step of a broader agreement isn’t reached.

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We must not forget that trade disputes are not a one-way street, but always carry the danger of retaliatory measures.

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China and the United States have agreed to roll back tariffs on each others’ goods in a “phase one” trade deal if it is completed, officials from both sides said on Thursday, sparking division among some advisers to President Donald Trump.

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President Donald Trump and Chinese President Xi Jinping may not be able to sign a partial trade deal until December, and two U.S. locations have been ruled out for their highly anticipated meeting, according to a person familiar with the matter.

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The escalating US-China trade war has made Vietnam’s trade gap with China widen to 29.5 billion USD in the first 10 months of 2019, up 47.9 percent from the same time last year, according to insiders.

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The new partial trade deal with Beijing fails to address Chinese subsidies, one of the top concerns of the Trump administration and the impetus for starting a trade war, and it will be difficult to ease U.S.–China tensions if the issue of state subsidies remains unresolved, according to experts.

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The ongoing trade war between the United States and China is harming both economies, the UN said on Tuesday (Nov 5), with a sharp drop in exports and higher prices for consumers.

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