China’s Rhetoric against the U.S. Ramps up in Trade War

05/24/2019

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CBS News

Chinese state media on Friday accused the U.S. of seeking to “colonize global business” with moves against Huawei and other Chinese technology companies as Beijing steps up its propaganda offensive in the tariffs standoff with the Trump administration.

There was no word from either side on progress toward resuming talks between the world’s two largest economies, though President Donald Trump said he expected to meet with his Chinese counterpart Xi Jinping next month at a G-20 meeting in Japan.

Negotiations over how to cut the huge, longstanding U.S. trade deficit with China and resolve complaints over Beijing’s methods for acquiring advanced foreign technologies foundered earlier this month after Trump raised tariffs on billions of dollars of imports from China.

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