The trade spat escalated earlier this month when Trump hiked tariffs on Chinese goods to a whopping 145%. China responded with 125% tariffs on U.S. goods and other countermeasures. “This is a game of chicken,” Yasheng Huang, professor of global economics and management at MIT, told ABC News.

Another week in Washington has come to a close without any progress toward ending a very expensive trade war between the White House and China.