{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/64d53bc8af8fd800117b9642/6820eec1182b2144af092cc9?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"US officials say deal struck to cut China trade deficit, details on Monday","description":"<p>The US-China trade war could be letting up, with the world's two largest economies beginning talks in Switzerland.</p><p><br></p><p>Top trade officials from both sides met on Saturday in the first high-level meeting since US President Donald Trump hit China with tariffs in January.</p><p><br></p><p>Beijing retaliated immediately and a tense stand-off ensued as the two countries heaped levies on each other. New US tariffs on Chinese imports stand at 145%, and some US exports to China face duties of 125%.</p><p><br></p><p>There have been weeks of stern, and sometimes fiery, rhetoric where each side sought to paint the other as the more desperate party.</p><p><br></p><p>And yet this weekend they face each other over the negotiating table.</p><p><br></p><p>So why now?</p>","author_name":"Daily SumUp"}