News

China cancels trade talks with U.S. as tariff threats escalate: WSJ

SHANGHAI (Reuters) – China has canceled upcoming trade talks with the United States and will not send vice-premier Liu He to Washington next week, the Wall Street Journal reported, citing sources.

Chinese Vice Premier Liu He in Shanghai, China September 17, 2018. REUTERS/Aly Song

The Wall Street Journal said a mid-level delegation was due to travel to Washington ahead of Liu’s visit, but the trip has now been abandoned.

Earlier this week, China added $60 billion of U.S. products to its import tariff list as it retaliated against U.S. duties on $200 billion of Chinese goods set to go into effect from Sept. 24.

Reporting by David Stanway; Editing by Nick Macfie

http://feeds.reuters.com/~r/reuters/businessNews/~3/o7nW_r1qeH0/china-cancels-trade-talks-with-u-s-as-tariff-threats-escalate-wsj-idUSKCN1M2044

Tagged ,