US, China back away from trade war

US Treasury Secretary Steven Mnuchin in Beijing, China

US Treasury Secretary Steven Mnuchin Source: AAP

The United States has pulled back from launching a trade war with China, after months of tariff threats that could have destabilised the global economy. Washington and Beijing have instead agreed to work on a wider trade agreement, as Hannah Sinclair explains.



Share

News

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS Chinese

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

Simplified Chinese Collection

Watch onDemand

Watch now