BBCNEWS Business Briefing July 13, 2024
We start in washington where in the next few hours President Trump is due to meet chinas chief negotiator vice premier liu he to try and negotiate an end to the trade war that has rattled the global economy. Or at least, to stop it escalating any further. The us and china have threatened to hit yet more of each others goods with import taxes or tariffs starting next week. Without a deal by mid december almost all chinese goods imported into the us, well over half a trillion dollars worth a year will have been hit by punitive taxes. That would mean much higher prices for the thousands of consum...