Can only but help get a trade deal done.
Apple's woes show US and China are taking hits in trade war — and that could push them to make deal
Published 7 Hours Ago Updated 3 Hours Ago
- The U.S. and China have a better chance of striking a trade deal, now that the U.S. is beginning to feel a bigger pinch from the trade war after Apple's earnings warning and a sharp drop in U.S. manufacturing activity, economists said.
- There is a window of opportunity to strike a deal before the U.S. economy weakens further and China comes out of its slump later in the year, said one global economist.
- U.S. officials see signs of progress in trade negotiations, ahead of formal talks next week, and see a weaker Chinese economy as a catalyst for it to join talks.
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