Loading ...Having managed to scramble back up to almost unchanged, headlines confirming that US officials rejected China’s request to delay Sept 1st tariffs and, more importantly, that US and China are now struggling to set a September meeting for trade talks, have sparked a plunge in US equity futures and offshore yuan.
Bloomberg reports that Chinese and U.S. officials are struggling to agree on the schedule for a planned meeting this month to continue trade talks after Washington rejected Beijing’s request to delay tariffs that took effect over the weekend, according to people familiar with the discussions.
The immediate reaction is a kneejerk back to last night’s opening lows…
