Trump escalates trade tensions with China amid market turmoil
TL;DR Summary
US President Donald Trump is threatening to halt Chinese imports amid ongoing trade tensions, but also hopes that China will resume buying US soybeans, especially as he prepares to meet Xi Jinping to discuss trade issues, including the Phase One deal.
- Trump threatens to halt Chinese imports – but counts on Xi to buy US soybeans South China Morning Post
- Trump puts extra 100% tariff on China imports, adds export controls on 'critical software' CNBC
- Wall Street selloff raises worries about market downturn Reuters
- Dow falls nearly 900 points after Trump reignites trade war between the world’s two largest economies CNN
- Trump Threatens to Impose New Tariffs on China and Cancel Meeting With Xi The New York Times
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