Trump says China talks coming, Beijing calls for trade war resolution

– The United States and China sought to ease trade war tensions on Monday, with Beijing calling for calm and US President Donald Trump predicting a deal after markets fell in response to new tariffs from both countries.

Trump welcomed that language and, days after referring to President Xi Jinping as an enemy, heaped praise on his Chinese counterpart. Trump announced an additional duty on some $550 billion of targeted Chinese goods, hours after China unveiled retaliatory tariffs on $75 billion worth of US goods. “We believe that the escalation of the trade war is not beneficial for China, the United States, nor to the interests of the people of the world,” he said.

The US president, who at times predicts a deal will happen and at other times says he is happy with the tariff situation, said talks would start again soon and a deal would come.The two sides had been slated to meet in September in Washington, but it was unclear last week whether the new tariff tit-for-tat would alter those plans.

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Beijing not likely to change position on South China Sea – Chinese foreign ministry spokesmanBeijing’s position on the South China Sea arbitration ruling “has not changed a bit” even if President Rodrigo Duterte intends to raise the issue when he meets with Chinese President Xi Jinping during his official visit to Beijing this week.
Source: manilabulletin - 🏆 25. / 51 Read more »

Signs of hope as Trump says US-China trade talks back on
Source: ABSCBNNews - 🏆 5. / 83 Read more »

Trump says U.S.-China trade talks 'to start very shortly''China called last night...said let's get back to the table. So we'll be getting back to the table,' President Donald Trump tells reporters at the G7 summit in Biarritz.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

G7 Summit: Trump sends mixed messages to China on trade warTrump’s head-snapping comments at the Group of Seven summit about his escalating trade fight with China represented just the latest manifestation of the hazards of the president’s go-it-alone mantra.
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Trump signals some regret on China trade warBIARRITZ, France — President Donald Trump signaled regret Sunday for an escalating trade war with China, as he faces a tense reception from world leaders meeting amid mounting anxiety of a
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Trump aides downplay 'order' to US companies to leave China
Source: ANCALERTS - 🏆 26. / 50 Read more »