News of a fresh round of 10 per cent tariffs effective on Sept 1 on an additional US$300 billion (S$413 billion) worth of Chinese imports to the United States has thrown more cold water on already low expectations of any deal with China on trade and market access.
"We look forward to continuing our positive dialogue with China on a comprehensive trade deal, and feel that the future between our two countries will be a very bright one!" President Donald Trump tweeted on Thursday, two days after high-level talks in Shanghai.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you