US President Donald Trump is going ahead with tariffs on $200 billion of Chinese imports, with both sides preparing to hold talks on the disputes.
Reports indicate that the tariffs will be set at around 10 per cent, below the 25 percent announced earlier this year.
Both the US and China have already imposed 25 percent tariffs on each other’s goods, at around $50 billion.
Beijing has listed $60 billion of American productions for retaliation if the next tariff goes ahead.
International analysts forecast this could cut up to 0.5 percentage off global economic growth through 2020 if all goes ahead.