So we’re all being held hostage by two men who are too proud to pick up the phone…
CNN reports:
- In private discussions hours before China announced new retaliatory tariffs, the Trump administration warned Chinese officials against such a move
- The Chinese were also told – once again – that Chinese President Xi Jinping should request a call with US President Donald Trump
- Two senior White House officials tell CNN that the US will not reach out to China first
- Beijing has repeatedly refused to arrange a leader-level phone call
- The Trump administration has balked at China’s Foreign Minister Wang Yi serving as the interlocutor
- Chinese officials have been presented with the specific names of people that the Trump White House would like to engage with instead, but China won’t budge
- China has considered kneecapping the operations of blue-chip US companies in China such as Apple, Tesla, Caterpillar and Starbucks
Xi also went on to make a statement that China wasn’t afraid of suppression.
This article was written by Adam Button at www.forexlive.com.
