US Pres. Trump threatened new tariffs, very unfriendly move - Global Times

Eren Sengezer FXStreet

Hu Xijin, editor-in-chief of Chinese and English editions of the Global Times, said U.S. President Trump's latest remarks were likely to have a negative impact on trade negotiations.

"Two days before meeting President Xi, Trump claimed to have Plan B and threatened new tariffs. This is a very unfriendly move and will have a negative impact for sure," Xijin tweeted out.

Meanwhile, according to an article published in The Wall Street Journal, Chinese President Xi is planning to present President Trump with a set of terms for settling the trade dispute, including lifting the ban on the U.S. sales to Huawei Technologies.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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