U.S. President Donald Trump on Thursday refuted China’s claims that there were no ongoing trade talks between Beijing and Washington, according to CNBC. Trump told reporters that meetings with China occurred earlier that morning, though he did not specify who attended. Trump’s comments came after China’s Ministry of Commerce and Foreign Ministry asserted there were “absolutely no negotiations” underway and demanded the U.S. abolish “unilateral” tariffs for any resolution. Analysts said China is now prioritizing its needs over U.S. demands, warning that Beijing could adopt a more hawkish stance if escalations continue.
