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Despite Donald Trump saying deal ‘could happen fairly soon’, analysts warn against over-optimism

Trade tensions between the US and China could rapidly rekindle despite rising hopes of a deal, analysts have warned, after Donald Trump promised to pause the launch of higher import tariffs on Chinese goods.

The US president announced late on Sunday that he would delay raising tariffs on as much as $200bn (£153bn) of Chinese goods from 10% to 25% after progress was made in talks between Washington and Beijing, averting the imposition of the higher rate from 1 March.

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from US news | The Guardian https://ift.tt/2Ewr85a