September 17, 2018

No deals ‘at gunpoint’: China mulls dropping trade talks, slapping US firms with sanctions – report

Beijing reportedly eyes rejecting Washington’s offer of new trade talks amid media buzz on President Donald Trump’s alleged go-ahead for sweeping tariffs. China could instead stop supplying some vital materials to US firms.

China is apparently reluctant to hold any trade negotiations with the US under the current circumstances as it said it would not talk under pressure, even though it did not completely forgo the negotiations, the Wall Street Journal reported, citing Chinese officials. Read more.

RT

Related,
U.S. and China Ramp Up Trade Threats (paywall/video) - WSJ
China may reject new trade talks if more tariffs imposed: WSJ - Reuters

Rising interest rates and US-China trade spat pose risks - CNBC

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