U.S. President Donald J. Trump, at the Group of Seven (G7) summit in France, praised Chinese President Xi Jinping and said Beijing is
seeking to resume trade talks (FT) between the two countries, though Beijing did not confirm it reached out. Vice Premier Liu He said that China
“resolutely opposes” further escalation (SCMP) in the trade war and prefers “calm negotiations.”
The statements came after Trump threatened retaliation over the latest round of tariffs on U.S. goods by China and suggested he could use a national security law to
order U.S. companies to leave China (NYT). The trade dispute between the world’s two largest economies has led to increased tariffs on hundreds of billions of dollars worth of goods since last year.