Trump: Deal with China can't be less than we already had
- I think that we'll end up making a deal with China
Global Times editor Hu Xijin tweeted earlier this hour:
As far as I know, China's state media will publish more heavyweight commentaries criticizing the US & demonstrating China's determination. It's rare to see scathing attacks against the US in state media. This shows Beijing is preparing for China-US ties getting further worsening.
That doesn't sound like a deal is coming soon. There is also plenty of evidence that there haven't really been any lower-level US-China meetings in the run-up to the G20 and the market is re-focusing on the likelihood of more tariffs.
More from Trump:
- I have no deadline for additional tariffs on China
This is an important line. Earlier this week he said a decision would be made after the G20. Now he's walking that back.