China and the US started tit-for-tat tariff exchanges in July,

 when the first round of tariffs on $34 billion worth of Chinese goods

took effect. There has been strong opposition to the tariff measures from the US side.

Joe Biden, a Democratic candidate for US president, said on Monda

y, “The only people paying the price are farmers and working people right now”.

“Raising tariffs will hurt both the US and China economies, plus more importantly, they will hurt US farmers, co

nsumers and businesses,” tweeted Republican Senator Chuck Grassley of Iowa, a major soybean-producing state.

The world’s two largest economies have intensified their consultations to iron out differe

nces on existing trade issues. An 11th round of high-level talks was held in Washington on Thursday and Friday.

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