China said to call off trade talks as tariff war escalates: WSJ-China was set to send two separate delegations to Washington, but both have been canceled, the Wall Street Journal reported on Friday.
-The talks have been in play for weeks, but President Donald Trump's new raft of tariffs has undermined efforts to dial back tensions.Javier E. David | @TeflonGeek
Published 8 Hours Ago Updated 5 Hours Ago
China has canceled planned trade discussions with the United States as both sides escalate their dispute in the wake of a new round of tariffs, The Wall Street Journal reported on Friday.
This week, President Donald Trump slapped a fresh round of tariffs on Chinese goods ahead of scheduled trade talks with Beijing, placing 10 percent duties on $200 billion of goods. China almost immediately retaliated with tariffs on $60 billion in U.S. products.
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https://www.cnbc.com/2018/09/21/china-said-to-call-off-trade-talks-as-tariff-war-escalates-wsj.html