TRADE WAR CONTINUES
Trump readies more China tariffs as make-or-break trade talks start
U.S. President Donald Trump said on Thursday he was taking steps to authorize new tariffs on $325 billion in Chinese imports as officials began last-ditch talks to avert an escalation of a trade war that threatens to derail the global economy.
With acrimony between Washington and Beijing rising, there was little time to salvage a trade deal between the world’s two largest economies before another round of punitive tariffs are triggered.
Chinese Vice Premier Liu He, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin started two days of talks late Thursday afternoon in Washington after a major setback. Read More @ https://www.reuters.com/article/us-usa-trade-china/trump-readies-more-china-tariffs-as-make-or-break-trade-talks-start-idUSKCN1SF2BF?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29