WASHINGTON/BEIJING—U.S. President Donald Trump said Feb. 13 that trade talks with China were “going along very well” as the world’s two largest economies try to resolve their seven-month tariff war ahead of a March 1 deadline for a deal.
U.S. tariffs on $200 billion worth of imports from China are scheduled to rise to 25 percent from 10 percent if the two sides don’t reach a deal by then, increasing pain and costs in sectors from consumer electronics to agriculture.