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US and China to take second shot at averting trade war in London talks.
Senior delegations expected to discuss fragile tariffs deal in bid to avert trade war between world’s two biggest economies.
High-level delegations from the United States and China are to meet in London to try to save a fragile tariffs deal and avert a possible trade war that has already roiled the global economy and sparked fears of recession.
The meeting on Monday follows negotiations in Geneva last month that resulted in a temporary respite in the trade war between the world’s two biggest economies. However, the agreement to suspend most of the 100 percent-plus tariffs each had imposed on the other for 90 days has been followed by barbs fired by both sides.
