It’s been a challenging year for relations between China and the United States.
In July, U.S. President Donald Trump carried out his threat to impose tariffs on China for alleged unfair trade practices.
To date, the United States has issued tariffs on $250 billion worth of Chinese products and China has reciprocated with $110 billion on U.S. goods.
On the sidelines of the G20 Summit, Chinese President Xi Jinping and President Trump agreed to a temporary truce. The U.S. will not increase tariffs for 90-days and China will lower tariffs on American autos and resume buying soybeans.
This week, the two sides spoke by telephone and are planning formal talks for January.
To discuss the U.S.-China trade war and the impact on both countries:
- Yan Liang is an Associate Professor of Economics at Willamette University.
- Victor Gao is the vice president of the Center for China and Globalization.
- Michael Johns is a former White House speechwriter for President George H.W. Bush and co-founder of the U.S. National Tea Party Movement.
- Saruhan Hatipoglu is CGTN’s Global Economics Analyst and the CEO of Business Environment Risk Intelligence.
— SCMP News (@SCMPNews) December 18, 2018
— China Xinhua News (@XHNews) December 21, 2018