Why US-China trade talks aren’t out of the woods yet despite interim deal

China’s foreign minister has said the interim trade deal with the US can help stabilise economic relations, but analysts warned that the future setbacks were still possible.

Do the numbers in Donald Trump’s ‘phase one’ trade deal work? US critics worry they don’tThe newspaper described the deal as a “new start point” for US-China trade talks, but said it remained to be seen if there would be enough momentum for the two countries to move forward. Stock markets in the US gave a lukewarm reaction to Fridays’ announcements, with many observers arguing that the deal would only temporarily alleviate tensions.

“The US has wasted too much time, from last February until now, in negotiating a deal with China. We could have conducted more substantive discussions on bilateral trade and economic issues,” he said.

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