The two biggest economies in the world the United States and China are engaged in high-level talks to renegotiate bilateral trade agreements.

But, at the same time, they are not backing down from the threat of tariffs and counter-penalties against each other.

CGTN’s Sean Callebs reports.
Follow Sean Callebs on Twitter @sfcallebs

To discuss all of this:

• Afshin Molavi is a senior fellow with the Foreign Policy Institute at the Johns Hopkins School of Advanced International Studies.
• Saruhan Hatipoglu is the CEO of Business Environment Risk Intelligence and CGTN’s global economics analyst.
• Victor Gao is an international affairs commentator.
• Michael Johns is the co-founder of the Tea Party Movement

For more:

3 misconceptions about US-China trade that are more nuanced in reality Read more: https://t.co/WYh8Yzktiz pic.twitter.com/9818k8IAxK

— CGTN America (@cgtnamerica) March 27, 2018

Top #steelmaker plans to triple output at its #Texas plant as the US and China trade punches in what may become an extended #TradeWar https://t.co/410jEyN4GR

— Economic Times (@EconomicTimes) March 27, 2018