China and Mexico ready to talk
China and Mexico, the two largest sources of U.S. imports who face the possibility of new tariffs in the coming weeks, are reportedly willingness to negotiate with Washington over escalating trade issues. On Sunday, Beijing reportedly released a government policy paper on trade issues, accusing the Trump administration of scuttling the negotiations, which stalled in May.
China and Mexico, the two largest sources of U.S. imports who face the possibility of new tariffs in the coming weeks, are reportedly willingness to negotiate with Washington over escalating trade issues. On Sunday, Beijing reportedly released a government policy paper on trade issues, accusing the Trump administration of scuttling the negotiations, which stalled in May.
While saying Trump's "American First" policy is hurting the global economy, China also said it is willing to negotiate. Mexico, meanwhile, rushed a delegation to the U.S. to discuss immigration issues, following the Trump administration’s threat last week to impose tariffs on all Mexican goods entering the U.S. if the Mexican government fails combat the migrant crisis at the border.
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