Trade negotiators from the U. S. and China wrapped up two days of what President Trump called „candid and constructive“ talks on Friday but failed…
Trade negotiators from the U. S. and China wrapped up two days of what President Trump called „candid and constructive“ talks on Friday but failed to reach agreement. The Trump administration raised the stakes for future negotiations by boosting tariffs on $200 billion worth of Chinese imports.
Those tariffs „may or may not be removed depending on what happens with respect to future negotiations,“ Trump tweeted. „The relationship between President Xi and myself remains a very strong one, and conversations into the future will continue.“
While the prospect of higher tariffs rattled financial markets, investors seemed reassured that talks had not broken down completely.
