Crushing off concerns about global economic instability, US President Donald Trump on Monday defended the way he is trying to squeeze a trade deal out of China, saying it's what worked for him in business.
President Donald Trump on Sunday denied that his trade war with China is causing friction at the G7 summit, but indicated he will hold off from a threatened further escalation for now. I think they respect the trade war. It has to happen, Trump told reporters in Biarritz, France, where he was meeting with other leaders of the G7 group.
US President Donald Trump said on Sunday that he has spoken with Apple's chief executive Tim Cook about the impact of US tariffs on Chinese imports as well as competition from South Korean company Samsung.
China on Friday vowed to fight back against US President Donald Trump's abrupt decision to slap 10% tariffs on the remaining US$300 billion in Chinese imports, a move that ended a month-long trade truce.
China announced a US$ 3 billion list of U.S. goods including pork, apples and steel pipe on Friday that it said may be hit with higher tariffs in a spiraling trade dispute with President Donald Trump that companies and investors worry could depress global commerce. The Commerce Ministry urged Washington to negotiate a prompt settlement to the conflict over Trump's tariff hike on steel and aluminum but set no deadline.