Liu’s three conditions underscore the work still to be done if an accord is to be reached between the world’s two largest economies. US President Donald Trump’s administration told China that it has a month to seal a trade deal or face tariffs on all its exports to the US. China has not yet detailed how it would retaliate to the latest increase in tariffs. “China needs a cooperative agreement with equality and dignity.”In a series of tweets that cheered markets, Trump on Friday said that the talks with China had been candid and constructive. The amount of purchases by China should be “in line with reality,” the official Xinhua news agency said in a commentary yesterday.

Source: Taipei Times May 11, 2019 15:56 UTC