Economics

Trump Shifts Tone on China But Not Tactics as Deal Grows Distant

  • President misreads statement from China, analysts say
  • Shrugs off criticism that his trade wars causing uncertainty
Trump says China wants to make a trade deal "very badly."Source: Bloomberg
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President Donald Trump left the G-7 summit on Monday taking a softer tone toward China, just days after spooking financial markets with another escalation in their trade war. Yet amid all the soothing words, Trump made it clear that he wasn’t abandoning his rough and tumble tactics to force a trade deal on China.