US President Donald Trump announced that trade discussions with China are ongoing, citing recent high-level meetings. However, China’s Foreign Ministry swiftly denied any negotiations on tariffs or agreements, stating, “No side wins in trade wars.”
Also read: U.S. suspends tariffs for 90 days on all nations except China
Amid the conflicting claims, US Treasury Secretary Steven Mnuchin met with analysts from Moody’s, highlighting improvements in economic indicators. China reiterated that formal talks have not yet begun, despite Trump’s assertions of progress.
