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China cancels trade talks with US: report

The Wall Street Journal says Beijing has changed its mind on trade talks with the US after Donald Trump on Tuesday announced a new round of tariffs.

In this Sept. 16, 2018, photo, American flags are displayed together with Chinese flags on top of a trishaw in Beijing.
In this Sept. 16, 2018, photo, American flags are displayed together with Chinese flags on top of a trishaw in Beijing. Source: AAP

China has cancelled trade talks with the United States, according to a Wall Street Journal report, after both sides announced new rounds of tariffs this week.

Vice Premier Liu He was planning to travel to Washington next week with a trade delegation, following an invitation from US Treasury Secretary Steven Mnuchin.

The meeting was intended to discuss how to de-escalate the ongoing trade war between the US and China, which began in July.

The pair have slapped tit-for-tat tariffs on $50 billion ($A68 billion) worth of goods since the trade war kicked off.

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However, the Wall Street Journal, citing unnamed sources on Friday, said Beijing changed its mind about sending Liu after US President Donald Trump on Tuesday announced a new round of tariffs on $US200 million ($A274 million) of Chinese goods.

Beijing subsequently followed suit by announcing tariffs on $60 billion ($A82 billion) worth of American goods.


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