trade deal: The blows to diplomatic relations between the two countries follow the collapse of trade talks last month, according to CNN. Trade negotiations have been indefinitely suspended since President Donald Trumpescalated tariffs on all Chinese imports over Beijing's failure to keep previously held commitments as part of a trade deal. Beijing has advised its citizens in recent days not to visit or study in the United States, potentially hitting universities and tourist destinations, and it admonished remarks this week by Secretary of State Mike Pompeo commemorating the 30th anniversary of the Tiananmen Square massacre. China has responded with its own set of penalties on US goods, which went into effect last week. Now he's trying to break the laws of economic gravity. Trump defied the laws of politics.
(news.financializer.com). As
reported in the news.
Tagged under trade deal, trade topics.