US and China discuss economic challenges as talk of tariff rollback swirls ...Egypt

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Hong Kong (CNN Business) – The United States and China held talks Monday to discuss the huge challenges facing the global economy amid mounting speculation that some Trump-era tariffs could be cut to ease inflation and boost growth. US Treasury Secretary Janet Yellen and China’s Vice Premier Liu He — Beijing’s top economic official — had a “substantive conversation” on a call, according to a statement by the US Treasury. The talks, which readouts from both sides suggest were initiated by the United States, were described as “candid” and come as Bloomberg and The Wall Street Journal report that the Biden administration may lift some tariffs on Chinese goods as soon as this week. The Chinese r

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Last updated : 05 July 2022 clock 05:00 PM

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