#USChinaTradeTalks

These talks aim to address the ongoing trade dispute between the two superpowers, which has led to tit-for-tat tariffs and export controls affecting global supply chains.

*Key Discussion Points:*

- *Tariffs*: The US has imposed tariffs of up to 145% on Chinese goods, while China has retaliated with tariffs of up to 125%. Both countries have agreed to temporarily reduce these tariffs, with the US cooling its tariffs to 30% and China's to 10%.

- *Trade Practices*: The US has expressed concerns over China's intellectual property theft, forced technology transfers, and unfair subsidies.

- *Global Economic Impact*: The trade war has rattled global markets, with the World Trade Organization warning of a potential 0.2% decline in global trade this year.