Tariff War Renewed? How the U.S.-China Talks Could Play Out

• Chinese media reported that the nation has full confidence it can overcome challenges in trade negotiations with the U.S. on the eve of the next round of talks in Washington.
• Attention will focus on whether the U.S. will follow through on threats to implement tariffs on Friday, whether China will retaliate, and if talks can survive such moves.
• Latest data shows that the trade war and global growth slowdown continue to take their toll on the world’s second-largest economy.
• JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon put the odds of the U.S. and China reaching a trade deal at 80%.

(Source: Bloomberg)