China Considers Canceling Trade Talks With U.S., WSJ Says

China Considers Canceling Trade Talks With U.S., WSJ SaysBeijing was surprised by U.S. President Donald Trump’s threat to levy new tariffs on trade with the country, the Journal reported, citing a person it didn’t identify. The move comes after Trump ramped up pressure on China to finalize a trade deal during upcoming talks by threatening to more than double tariffs on $200 billion of the Asian nation’s sales to the world’s largest economy, and impose new import taxes. Chinese President Xi Jinping’s top trade envoy, Liu He, was slated to return to Washington on Wednesday for what was expected to be a closing round of trade talks.




from Yahoo News - Latest News & Headlines https://yhoo.it/2VNZdau
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