After Biden-Xi summit, what next for US-China trade war? | Business and Economy

 After Biden-Xi summit, what next for US-China trade war? | Business and Economy

The virtual meeting between United States President Joe Biden and China’s leader Xi Jinping helped ease the growing tension between the two countries but did not make headway in resolving lingering US-China trade war disputes.

The US-China trade war, which began in 2018 under former US President Donald Trump, has resulted in both nations paying higher taxes to bring in goods from the opposing country.

Escalating import tariffs have caused supply chain disruptions that are affecting businesses and individuals worldwide. But at the summit, which took place on Tuesday, economic issues took a back seat to geopolitics.

Biden spoke briefly about China’s “unfair trade and economic policies” harming American workers, but mainly raised concerns about human rights abuses in Xinjiang, Tibet and Hong Kong, and American support for Taiwan.

In his opening remarks, Biden told Xi, “It seems to be our responsibility — as leaders of China…

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