Via Bloomie:
After the U.S. unveiled a list of Chinese imports worth $200 billion that could face higher duties, China’s Vice Minister of Commerce Wang Shouwen called on his U.S. counterparts to resolve the conflict through a new round of bilateral negotiations. While that came amid fresh threats of retaliationfrom Beijing, it matches a willingness from the Trump team to resume talks at a high level, according to a person familiar with the administration’s thinking.
China is really bonkers to not do a deal.
