Vice-Premier Liu He gestures as he leaves trade talks with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer in Washington on Friday. Photo: EPA-EFE

China, Hong Kong markets will be less skittish as trade war drags on, observers say

  • China’s confidence ‘will by no means be weakened by a little tariff increase’, nationalist daily Global Times says
  • Any re-escalation will be temporary, with market weakness forcing both sides to reach a deal, Morgan Stanley says
Topic |   US-China trade war

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Vice-Premier Liu He gestures as he leaves trade talks with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer in Washington on Friday. Photo: EPA-EFE
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US President Donald Trump tweeted on Sunday that he intended to raise tariffs on US$200 billion worth of Chinese goods from 10 to 25 per cent. Photo: AFP

Beijing threatens to respond to US after Donald Trump repeats plan to keep trade war tariffs in place

  • US president accuses Beijing of attempting to negotiate with his political opponents to avoid having to make concessions
  • Trump tweets a day before Chinese Vice-Premier Liu He is to arrive in Washington for trade talks
Topic |   US-China trade war

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US President Donald Trump tweeted on Sunday that he intended to raise tariffs on US$200 billion worth of Chinese goods from 10 to 25 per cent. Photo: AFP
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