and Chinese negotiators are scheduled to begin a 13th round of talks Thursday aimed at ending a 15-month trade war that is worrying global investors and weighing on the world economy. Chinese Vice Premier Liu He will lead a delegation into meetings in Washington with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin. That would extend to import taxes to virtually everything China ships to the United States. China has hit back by targeting about $120 billion in U.S. goods, focusing on farm products. The high cost of the tariffs and uncertainty over when and how the trade war will end have taken an economic toll, especially on manufacturing companies.

Source: thestar October 10, 2019 06:56 UTC