With trade talks stalled, the dispute has intensified in recent weeks with US President Donald Trump imposing fresh tariffs on imports from China and moving to blacklist Chinese tech titan Huawei over national security concerns. The countries have exchanged tit-for-tat tariffs on two-way trade worth hundreds of billions of dollars since Trump fired the first round last year. Beijing said Friday it will unveil its own list of "unreliable entities", apparently in response to the US blacklisting of Huawei. There are hopes that Trump and Chinese President Xi Jinping will meet at the G20 summit this month to ease tensions and jumpstart trade negotiations. But Wang Shouwen, Vice Minister of Commerce and Deputy China International Trade Representative, said he had no information when asked about the meeting at a press conference on Sunday.

Source: Bangkok Post June 02, 2019 03:45 UTC