Trump and Xi to meet as trade war damage grows

The US-China Business Council would welcome an agreement to restart negotiations because that would help reduce business uncertainty, especially if there is a deadline to reach a deal, the group’s vice president Erin Ennis said. “At this point, we’ve got 25 percent tariffs on $250 billion worth of imports. The longer those tariffs are in place, with no plan of action to address them, the more damage is being done,” Ennis said.