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‘The longer the trade war goes on, the weaker China gets’: Trump doubles down on tariff threats despite recession concerns
Trump has maintained a defiant stance even after a key indicator warned this week that the US economy could be headed for a potential recession.
But both sides have expressed willingness to hold further high-level talks, staving off some concerns about the world economy.
Trump offers to personally solve the escalating crisis in Hong Kong by meeting with China’s ‘great leader’ Xi Jinping
Trump said in a tweet on Wednesday that China's President Xi Jinping could end the protests in Hong Kong 'quickly and humanely' if he wanted to.
The comments raised further concerns following a series of dramatic trade escalations between the largest economies.
Here are the products that will get hit after Trump officially slaps $300 billion of tariffs on Chinese imports next month
This new round of duties would include significantly more everyday products, from cellphones to clothing.
The new tweets come just as US trade representatives travel overseas for a face-to-face meeting with their Chinese counterparts.
The comments could add to tension as the two sides work to defuse a sprawling tariff dispute between the largest economies.
US-China trade talks could get off to a rocky start this week as the two sides remain far apart on key issues
The two sides have struggled to see eye to eye on how to enforce structural changes in the second-largest economy.
Trump and Xi have faced increasing pressure to defuse their yearlong trade war, which has threatened to hurt growth in both countries.
China’s Xi reportedly plans to hit Trump with a list of demands at their G20 meeting, including lifting the Huawei ban
The preconditions could complicate any discussion between Xi and Trump just ahead of planned tariff escalations.