Growing desire to reach trade deal but US-China ties more contentious: Experts

The longer the current tariffs remain in place in the United States the higher the potential for them to go up further and this will affect the US economy even more than they have done so far.
The longer the current tariffs remain in place in the United States the higher the potential for them to go up further and this will affect the US economy even more than they have done so far.PHOTO: AFP

SINGAPORE - China and the United States are more willing to reach a deal on their trade dispute as both their economies are hurt by its effects and the global economy slows, experts told a forum here on Wednesday (Jan 9).

But the relationship between the world's two major powers has become more contentious and how it shapes up would have different impacts on the South-east Asian region.

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