Trump to discuss trade with China's Xi as talks continue

Reuters  |  WASHINGTON 

(Reuters) - U.S. said he will discuss trade with Chinese on Tuesday, as both sides continue talks after failing to reach a consensus at talks in last week.

Trump announced the in a post on Twitter, just days after a U.S. delegation returned from discussions in last week with no agreement on a long list of U.S. demands, and ahead of more negotiations next week.

Trump, calling Xi "my friend," pledged in the post that "good things will happen" on trade.

Next week, China's top economic official, Liu He, is scheduled to visit to resume negotiations sparked by the Trump administration's threat to impose tariffs on up to $150 billion of Chinese imports.

Tariff threats have roiled U.S. and other stock markets in recent weeks amid fears a trade war between the world's two largest economies will impact global markets.

Last week, a seven-member U.S. delegation returned to and briefed Trump on their meeting with Chinese counterparts.

(Reporting by and Makini Brice; Editing by Bernadette Baum)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 08 2018. 17:59 IST