U.S. President Donald Trump vows tariff hike on Chinese goods, escalating tension in trade talks by jeffmason1 davidshepardson
The editor of an influential, Chinese state-run newspaper said Vice Premier Liu He was unlikely to go.
“There is still a question of whether this is one of the famous Trump negotiation tactics, or are we really going to see some drastic increase in tariffs,” said Nick Twidale, Sydney-based analyst at Rakuten Securities Australia. If it’s the latter, we’ll see massive downside pressure across all markets.”
FILE PHOTO: Aides set up platforms before a group photo with members of U.S. and Chinese trade negotiation delegations at the Diaoyutai State Guesthouse in Beijing, China, February 15, 2019. Mark Schiefelbein/Pool via REUTERS/File Photo One Chinese trade expert said recent signs of resilience in both economies were breeding over-confidence.
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