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Latest on US-China trade dispute: Sherwin Bryce-Pease

A trade dispute between the United States and China deepened this week with the administration of President Donald Trump preparing to extend 25% tariffs to roughly 300 billion worth of Chinese imports – this on top of some 250 billion worth of imports already targeted earlier. Beijing for its part said it would retaliate by targeting nearly 60 billion worth of American goods with tariffs of between 20 and 25%. Despite the two countries meeting for 11 rounds of talks to thrash out a new comprehensive trade deal, the latest round ended last week in Washington without agreement as both sides appeared to steel their positions. For the very latest on this slow-moving dispute between the two biggest economies in the world, our Correspondent Sherwin Bryce-Pease joins us from New York.

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