Trade war: China not ready for a deal yet, says Donald Trump

News Agency the Liaoning aircraft carrier is accompanied by navy frigates and submarines conducting an exercises in the South China Sea

The Kremlin on Monday downplayed televised comments by US President Donald Trump that Russian counterpart Vladimir Putin was "probably" involved in assassinations and poisonings, saying they did not amount to a direct accusation. Of course, presumably the president would take the final decision, but who is playing what role?

Cui also accused the US of going on the offensive by sending US Navy vessels into the South China Sea.

The head of fixed income at Matthews Asia, Teresa Kong, said, "When the repercussions start to take a toll on the economy, Trump might consider pulling back".

Pence ramped up the rhetoric in a speech October 4, saying Beijing has created a "a whole-of-government approach" to sway American public opinion, including spies, tariffs, coercive measures and a propaganda campaign.

At the same meetings, Chinese officials received an unusual gesture of support when Mexico's former president Ernesto Zedillo counseled them to follow the example set by Mexico and Canada during their recent re-negotiations with the US on the North American Free Trade Agreement. It's so close to the Chinese islands and it's so close to the Chinese coast.

A Bloomberg survey of more than 60 economists showed they forecast that economic expansion in the U.S. will slow down to 2.5 percent in 2019, down from 2.9 percent in 2018, and in China, their prediction is 6.3 percent growth in 2019, down from 6.6 in 2018. So who is on the offensive?

Mr Trump has levied billions of dollars in tariffs on Chinese imports as he presses Beijing to change restrictive trade practices that he says unfairly hurt American businesses and innovators.

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"Our message was very clear: de-escalate the tensions", IMF Managing Director Christine Lagarde told Bloomberg Television in an interview.

Does the US-China trade war mean an ironic new opportunity for Hong Kong? "I hope, and I'm sure, this will continue", Cui said. "Sometimes it could be very confusing".

The escalating trade row was seen as a contributing factor to last week's global market rout that sent the S&P 500 and other major United States indexes to their worst performances in months.

"There's plans and discussions and agendas" being discussed, he said.

In a column published by Fox this week, Navarro linked policies meant to protect United States businesses to the emergence of China as a major military threat.

But he added that trade talks with China - with each side imposing a mounting series of tariffs on the other, raising fears of a shock to the global economy - had so far been "unsatisfactory".

"There's a good, mutual understanding and a good working relationship between the two". "We have to have reciprocity".


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