You are here

China considers canceling trade talks with US after Trump vows new tariff hike: WSJ

AK_uscnflag_0605.jpg
China is considering canceling trade talks with the United States this week after US President Donald Trump vowed to hike tariffs on China, the Wall Street Journal reported on Sunday citing a source.

[BENGALURU] China is considering canceling trade talks with the United States this week after US President Donald Trump vowed to hike tariffs on China, the Wall Street Journal reported on Sunday citing a source.

Earlier on Sunday, Mr Trump announced he would hike US tariffs on US$200 billion worth of Chinese goods this week and target hundreds of billions more soon.

The decision on whether talks will be canceled depends on whether Vice Premier Liu He goes to Washington as planned, the Journal reported, citing a source, who added that canceling talks would conform to China's strategy of not negotiating under threat.

REUTERS

sentifi.com

Market voices on: