US-China Tariff Pause Reasonable to Expect, Council Head Says

Expectations are high that trade talks between US and Chinese officials in Switzerland later this week will result in a tariff reprieve between the two nations, US-China Business Council President Sean Stein said.

“The most negative outcome would be the talks break off and there’s no announcement of future talks,” Stein said in an interview with Bloomberg TV on Wednesday. A reasonable expectation would be that — similar to other countries — “tariffs could be paused for 90 days while the two sides negotiate,” he said.

“Almost anything less than that is going to be seen as a disappointment by ...