China Considers Cancelling Trade Talks

“In a surprise twist that has put a China-U.S. trade accord in doubt, Beijing is considering pulling out of talks scheduled to begin this week after President Trump threatened to drastically ramp up U.S. tariffs,” the Wall Street Journal reports.

“Chinese officials have said Beijing wouldn’t bend to pressure tactics. By potentially scotching the trip, Beijing would be following up on its pledge to avoid negotiating under threat.”