Washington and Beijing closer to a 'possible' trade deal
Thursday, 20 February 2025 President Donald Trump has suggested a trade deal with China may be possible, despite ongoing tariff escalations between the US and several key trading partners. Both countries are urged to resolve disputes with mutual respect and dialogue. Tariffs have stirred global market anxiety and prompted international responses.
China calls for the United States to show "mutual respect" in managing commercial tensions, after President Donald Trump said a trade deal with Beijing was "possible". "Trade and tariff wars have no winners," foreign ministry spokesperson Guo Jiakun says at a regular press briefing.
Shadow Chancellor Mel Stride warns that the UK could face higher prices, job losses, and lower wages without a trade deal with the US. He said that businesses, investors, and stock markets are unhappy,..
Conservative leader Kemi Badenoch calls on the government to agree a trade deal with the US as soon as possible, saying “now is the time for us to kickstart that and move at speed”.
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Thursday, 20 February 2025
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