There's no end in sight for Trump's trade war with China, because 'both sides are more inclined to elevate tension than blink'
Carlos Barria/Reuters
- President Donald Trump and China have been engaged in a tense trade war for over five months.
- Both sides recently increased tariff threats.
- Trump threatened to slap a 25% tariff on $200 billion worth of Chinese goods, while China threatened tariffs on another $60 billion worth of US goods.
- The two sides do not appear to be talking, either, which raises the chances of a drawn-out trade war.
President Donald Trump's trade war with China is entering its sixth month, and there are no signs it will end anytime soon.
Both Trump and China continue to issue new threats of tariffs. And negotiations have been scarce, increasing the possibility of a drawn-out fight.See the rest of the story at Business Insider
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