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Third round of China-U.S. negotiations result in no deal

CNN · Recent
CNN
CNN
Recent

Chinese and American trade negotiators concluded their two-day meeting in Stockholm without a resolution to avert tariffs from skyrocketing back to ultra-high levels. Drucker School of Management senior fellow Ryan Patel weighs in.

Breakdown
  • China-U.S. trade talks in Stockholm ended without a deal. 10s
  • If no agreement is reached, tariffs up to 145 percent could be imposed on certain goods. 45s
  • Key issues include tariffs on semiconductors, pharmaceuticals, and consumer goods. 50s
  • Access to rare earth minerals remains a major sticking point in negotiations. 1m 40s
  • The U.S. recently lifted a ban on key chip sales to China, but rare earth access remains unresolved. 1m 58s
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