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China Trade Talks Continue Despite Trump's Tough Talk

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BEIJING/WASHINGTON (Reuters) - China said on Monday that a delegation is still preparing to go to the United States for trade talks, after U.S. President Donald Trump dramatically increased pressure on Beijing to reach a deal, saying he would hike tariffs on Chinese goods this week. Trump’s comments on Sunday marked a major escalation in tensions between the world’s largest economies, and a shift in tone from the president, who as recently as Friday had cited progress toward a deal. Stock markets sank and oil prices tumbled on his remarks, as negotiations to end the months-long trade war were thrown into doubt.

Added on the 06/05/2019 06:44:57 - Copyright : Wochit

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