U.S.-China tariffs seen as unsustainable, but pain must be felt before talks can begin

U.S.-China tariffs seen as unsustainable, but pain must be felt before talks can begin

President Trump has repeatedly said he is willing to make a trade deal with Beijing -- if China calls first -- that could ease trade tensions and lower steep tariffs on both, but the two sides are not close to commencing talks and likely will have to feel some economic pain before agreeing to negotiate, according to analysts. Trump on April 2 announced a 34 percent tariff on Chinese goods as part of a new tariff regime, triggering a back-and-for…