Subscribe to Our Newsletter

  • White Facebook Icon
  • Pinterest - White Circle

© Global News 101.

US reaches deal with China

There’s been “a deterioration in trust and communication” between Washington and Beijing, says Frank Lavin, U.S. ambassador to Singapore from 2001 to 2005.


After President Donald Trump’s threat to slap 10% tariff on $300 billion of Chinese goods, it’s unlikely that the U.S. and China will reach a trade deal this year, says Lavin.

The latest escalation in tensions between the U.S. and China has reduced the chances that both sides could reach a trade deal this year, a former American diplomat said on Monday.

Create Relevant Content


Trump’s latest actions are “a step away from a solution,” said Frank Lavin, U.S. ambassador to Singapore from 2001 to 2005. He added that it’s “unlikely” both sides would reach a deal by the end of this year.

“This tariffs war has gone on for over a year, so you see a deterioration in environment, a deterioration in trust and communication,” Lavin, who’s now chief executive at business consultancy Export Now, told CNBC’s “Street Signs.”