China views concessions after Trump’s tough trade moves

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Title : China views concessions after Trump’s tough trade moves
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news-today.world | President Trump’s aggressive trade policies are forcing some tough customers to cut new deals, with China talking about opening its market to U.S. companies and South Korea nearing a deal to reduce steel exports and buy more American cars.

The threat of a trade war gave Wall Street the jitters when Mr. Trump rolled out big tariffs and other get-tough measures, but it also rattled Beijing, Seoul and other trading partners.

Chinese Premier Li Keqiang said Monday that Beijing wanted trade talks and not a trade war with the U.S. He stressed his country’s willingness to remove barriers to American business and reduce the U.S. trade deficit with China, which is the chief demand from Mr. Trump.

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