US-China made no progress in deputy-level trade talks: South China Morning Post 0 SHARES Share it! Share TweetBy ReutersThe United States and China made no progress in deputy-level trade talks held on Monday and Tuesday in Washington, the South China Morning Post (SCMP) said, citing unnamed sources with knowledge of the meetings. The first minister-level meetings in more than two months between the world’s two biggest economies are set to begin on Thursday. Unless the talks make significant progress, U.S President Donald Trump is set to hike the tariff rate on $250 billion worth of Chinese goods to 30% from 25% next Tuesday. Asked if a breakthrough can be expected in this week’s talks, an official told CNBC that Trump had not yet made up his mind.

Source: Manila Bulletin October 10, 2019 00:45 UTC