Signs of new US-China trade talks emerge as increased tariffs loom

123rf

Trade talks between the US and China appear to have restarted, with President Donald Trump hinting that some discussions took place on Thursday.

"There is a talk scheduled for today at a different level," Trump said in an interview with Fox News Radio, without giving details.

"China wants to make a deal," he said, adding: "We’ll see what happens."

It comes as a new round of US tariffs on some Chinese goods is scheduled to take effect on Sunday.

Meanwhile, China's commerce ministry also said a September round of meetings was being discussed by both sides, but said it was important for Washington to cancel a tariff hike. 

More from Business

Coming Up on Dubai Eye

  • The Reboot

    10:00am - Noon

  • The Best of Dubai Eye 103.8

    Noon - 4:00pm

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!