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.
