Trade War China

Trump Administration Officials Have Not Made Any New Plans To Send A Team To China For Trade Talks

Trump administration officials have not made any new plans to send a team to China for face-to-face trade talks, but negotiators have made progress, White House trade adviser Clete Willems said at an event on Friday… “We’re talking to them (Chinese officials) every day, but no one’s got any trip plans,” Willems told reporters on the sidelines of a Georgetown Law School trade event in Washington. When asked about the prospect for future face-to-face meetings, Willems said “Maybe. But there are no plans right now.”

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Today’s Stock Market News – US plans more China tariffs if Trump-Xi meeting fails.

StockMarketNews.Today – The U.S. this year has already imposed tariffs on $250 billion in trade with China. Ten percent tariffs on $200 billion in imports that took effect in September are due to increase to 25 percent on Jan. 1. Trump has also threatened to impose tariffs on the remaining goods imports from China, which last year were worth $550 billion.