On Thursday, US punitive tariffs against China go into effect. US president Donald Trump insusts that China has an unfair advantage. China is doing everything to modernize its economy. The US critiszes Chinese state subsidies.
Trade talks between the United States and China will continue in Washington this week. The big question is just how far the two sides are from an agreement. The US is certainly sending contradictory signals.
President Donald Trump has expressed hope trade talks between the US and China will leave 'nothing unresolved.' High-ranking officials from both sides are back at the negotiating table as talks enter their second day.
Washington and Beijing have signaled a positive turn in the latest talks to secure "the biggest deal ever made." But analysts remain deeply skeptical that a deal can be secured by March 1, when tariffs are set to rise.
G8 countries cancelled the debts of 18 African countries in 2005. But many of these countries now face bankruptcy again. Is China really to blame, as many in the West believe?
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