BEIJING—President Trump’s new tariff threat is putting Chinese leader Xi Jinping in a bind about how to keep the negotiations on track and shore up China’s economy while not being seen as caving to Washington. Mr. Trump’s weekend tweets surprised Chinese negotiators, led by Vice Premier Liu He, who were aiming to wrap up the trade talks with their U.S. counterparts during a trip to Washington scheduled for this week. Following Mr. Trump’s renewed warning of raising tariffs, China’s leadership on Monday was considering canceling...
Source: Wall Street Journal May 06, 2019 09:00 UTC