Many expected the latest round of trade talks between the US and Chinese sides would bring about a deal.
Instead, China’s top trade negotiator Vice Premier Liu He is on his way back to Beijing after negotiations broke down. This all comes on the heels of U.S. President Donald Trump following through with his threat to impose tough penalties on Chinese goods, with more on the way. China has vowed to hit back, but what those retaliatory measures could look like remains to be seen.
CGTN’s Giles Gibson reports from the White House.
To discuss all of this:
- Zhao Hai is a research fellow at the Chinese Academy of Social Science.
- Sean Ding is the co-Founder and CEO of GRisk, a global risk analysis company.
- Michael Johns is co-founder and national leader of the U.S. Tea Party movement.
- Gordon Houlden is the director of the China Institute at the University of Alberta.
Here's where U.S.-China trade stands after talks came to a close on Friday, and the U.S. imposed additional tariffs on Chinese goods. pic.twitter.com/2tqc3YtnEa
— CGTN America (@cgtnamerica) May 10, 2019
Opinion: China, U.S. on verge of "civilizational clashes"?
While we can't ignore cultural and ideological differences between world's two largest economies, their divergence should not be overstated and twisted #ResponsibleCoopetition https://t.co/FaLUMXYyny pic.twitter.com/mLsAKslgyl
— China Xinhua News (@XHNews) May 10, 2019
Retired US Army general and former CIA Director David Petraeus explains why the US has leverage in its trade negotiations with China but needs to close a deal quickly https://t.co/ln8OuqgQ2o pic.twitter.com/EJjhg6FE5O
— CNN International (@cnni) May 10, 2019