China reaffirms that its position on talks has not changed

They are saying that if the US wants a deal, then they would have to stop threatening China. These are all fighting words but the bottom line is that we are at least taking a step towards de-escalation as both sides are set to sit down for initial talks. However, whether or not that step eventually leads to something is a separate issue though.

This article was written by Justin Low at www.forexlive.com.