Lack of consensus not surprising: Analysts

The trade war could escalate further as the US is undergoing public hearings on another set of tariffs on US$200 billion worth of Chinese imports.
The trade war could escalate further as the US is undergoing public hearings on another set of tariffs on US$200 billion worth of Chinese imports. PHOTO: REUTERS

The just-concluded low-level trade talks in Washington were not expected to make any breakthrough in the trade dispute between China and the United States, said analysts.

Instead, they were likely meant to establish a common road map for future negotiations, said Mr Rajiv Biswas, Asia-Pacific chief economist at IHS Markit consultancy.

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A version of this article appeared in the print edition of The Straits Times on August 25, 2018, with the headline 'Lack of consensus not surprising: Analysts'. Print Edition | Subscribe