BBCNEWS Business Briefing July 14, 2024
We start in osaka, japan, where leaders of the 620 group of the worlds top economies are beginning their summit. For Global Financial markets and the Business World at large, the big moment comes on saturday morning, with trade talks between President Trump and xijinping. Theres been cautious optimism that the meeting could produce a deal to stop a further escalation of the trade war that is threatening the health of the world economy. On may 10th, the us raised taxes on chinese imports worth 250 billion a year from 10 to 25 . China then retaliated with taxes on us goods of between 5 and 25 . ...