US President Donald Trump has played down talk of a trade war with China, even as US stock markets tumbled and manufacturers expressed concerns after China said it would place US$50 billion in new tariffs on US exports. Photo: Pool via Bloomberg

US and China officials favour using ‘close communication’ to avoid full-blown trade war

Acting US Secretary of State John J. Sullivan and China’s envoy, Cui Tiankai, saw eye to eye on ‘the need to restore fairness and balance to economic ties’ in meeting

Topic |   US-China trade war

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US President Donald Trump has played down talk of a trade war with China, even as US stock markets tumbled and manufacturers expressed concerns after China said it would place US$50 billion in new tariffs on US exports. Photo: Pool via Bloomberg
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