US, China Wrap Up Latest Trade Talks As Tariff Deadline Looms

The latest round of talks aimed at ending the trade war between the United States and China has finished as the threat of another huge wave of tariffs approaches.

Negotiators from the two countries have been trying to strike a deal before March 2, when the US government is due to raise tariffs on $200 billion of Chinese goods from 10% to 25% if no agreement is reached.

The world’s top two economies imposed tariffs on huge swathes of each other’s exports last year, causing major disruptions for businesses, rattling financial markets and endangering global growth.

It wasn’t immediately clear how much progress was made at this week’s discussions in Beijing. A US official talks had ended but didn’t comment further.