Trade wars: Friday tariffs likely on – only be time for one meeting tomorrow between Washington/U.S. trade reps

• Following the Trump administration formal notice of its intent to raise tariffs on $200 billion of Chinese imports to 25% from 10%, effective May 10 following China backtracking on almost all aspects of a draft U.S.-China trade pact, US Journalist Edward Lawrence Via Twitter, indicates that there will only be time for one meeting between the USTR & Vice Premier Liu He.

“Trade sources tell me there will likely only be time for one meeting tomorrow between the US Trade Representative & Vice Premier Liu He. It appears that may not be enough time to come to a deal that would pause the increase in Tariffs on Chinese imports. Friday tariffs likely on…”