The Trader 

Market Outlook: More Sino-US trade talks scheduled in Washington today

The Trader

The Ministry of Commerce in Beijing ‘deeply regrets’ the American decision to increase tariffs on $200 billion of exports to 25 per cent; goods shipped before midnight yesterday will continue at the 10 per cent rate. They added, ‘[it] hopes the United States can meet China half-way, make joint efforts, and resolve the issue through cooperation and consultation’, vowing to ‘take necessary countermeasures’.

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