HomeBusinessU.S. rejects China's preparatory trade talks offer

U.S. rejects China’s preparatory trade talks offer

Most Read

The Trump administration has rejected an offer from China for preparatory trade talks this week ahead of high-level negotiations scheduled for next week, the Financial Times reported on Tuesday, citing people briefed on the talks.

The proposed trip by Chinese Vice Commerce Minister Wang Shouwen and Vice Finance Minster Liao Min was offered to pave the way for talks between Chinese Vice Premier Liu He and top U.S. officials set for Jan. 30-31.

- Advertisement -

U.S. stocks extended losses and the dollar weakened against the Japanese yen after the FT report on concern the trade war between the world’s two biggest economies will continue and ultimately harm the global economy.

Subscribe To Morning Newsletters

Sign up to receive the latest news stories, exclusive interviews, and more in your inbox.

We don’t spam! Read our privacy policy for more info.

Editor's Pick

Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.

Read More Stories

UK Housing Market Grinds to a Halt as Rates Bite

Britain’s once-thriving housing sector is now flatlining amid a tightening chokehold of astronomical mortgage rates. New data reveals house...

Tech Mahindra Set up Innovation Centre In Espoo Finland

India-based multinational technology company, Tech Mahindra has today inaugurated its innovation centre in Espoo, Finland. The new centre will accommodate...

Innovative Financing: Paving the Way for a More Agile Financial Ecosystem

At a time of high inflation and global rises in interest rates by Central Banks, we are facing a...

Apple’s first ever dual-sim iPhone

The Indian Apple users are in for a treat as the leading smartphone manufacturer introduces its first-ever dual SIM...

Now, US users can see what Apple has collected from their device

Apple Inc on Wednesday rolled out an online tool to users in the United States and several other countries...

How AI Is Crucial For Business Strategy Management

There is no doubt that AI has been reshaping the business strategies world over with companies realizing that artificial...