A rift has opened up between the world's two-biggest economies just as attempts to end the US-China trade dispute appear to be making progress.

The United States says China is backtracking on promises, such as protecting intellectual property and stopping unfair trade practices.

President Donald Trump is raising the tariff on $200bn worth of Chinese goods from Friday.

Beijing is promising to retaliate, and says it won't bow to pressure to make more concessions.

Both sides are taking an aggressive stance as China's vice premier heads to Washington for the latest round of negotiations.

So who is winning the trade war? And what happens if no deal is achieved?


Presenter: Imran Khan

Guests:

Dan Wang - Analyst at the Economist Intelligence Unit's Access China Service

Ross Feingold - Asia political risk analyst, lawyer and Republican party political consultant 

Einar Tangen - China political risk analyst who has advised the Chinese government on economic and development issues

 

Source: Al Jazeera News