Sunday, September 16, 2018

China Fury: May Cancel Trade Talks

China is considering declining the Trump administration’s offer of trade talks later this month, reports The Wall Street Journal.

This comes on the heels of news that the White House plans to announce within the next few days tariffs on $200 billion in Chinese goods.

And Trump's neanderthal trade war could get even worse.

The Journal reports that some Chinese officials involved in advising the leadership are proposing to step up the trade fight a notch by restricting China’s sales of materials, equipment and other parts key to U.S. manufacturers’ supply chain. Such restrictions could even apply to Apple Inc.’s iPhones, which are assembled in the mainland, officials said, without elaborating.


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