US seen delaying new China tariffs until after Trump-Xi meeting
Washington may preserve tariff threats as leverage while AI, trade and the yuan top next week’s Trump-Xi agenda.
The US is expected to delay announcing new tariffs on China and other trading partners until after President Donald Trump meets Chinese President Xi Jinping next week, according to people familiar with the matter, Bloomberg reported.
The delay could preserve the threat of additional tariffs as leverage in negotiations. Artificial intelligence, the trade war and the yuan are expected to feature prominently in the talks.
Markets are approaching the meeting with a mixed outlook. Technology stocks helped drive gains while lower oil prices supported broader sentiment, setting up a potentially positive end to a volatile week.
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