#USChinaTradeTalks

# **U.S.-China Trade Talks: Key Developments (2024)**

Trade tensions between the **U.S.** and **China** remain a critical issue, impacting global markets, supply chains, and economic policies. Here’s the latest on trade negotiations and key disputes:

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### **1. Current Status of U.S.-China Trade Relations**

- **Tariffs Still in Place:** The U.S. maintains **Section 301 tariffs** on ~$370B of Chinese goods (imposed since 2018).

- **Limited Progress:** Talks continue, but major breakthroughs are unlikely due to geopolitical tensions (Taiwan, tech wars).

- **Biden’s Approach:** More targeted than Trump’s broad tariffs—focusing on **semiconductors, EVs, and clean energy**.