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ECONOMY

Trump Eyes Concessions Beneath Softening Trade-War Rhetoric

*U.S. president tweets that “China will take down its trade barriers” despite no indication that the two sides are negotiating

*President Xi Jinping expected to address issue in speech on Tuesday

(Beijing) — U.S. President Donald Trump has said that China will remove its trade barriers and reach a deal on intellectual property.

The statement, which the president tweeted Sunday morning U.S. time, indicated that trade tensions between the world’s two largest economies might de-escalate in the wake of a new round of tariff proposals last week, despite the lack of any sign that the two sides are negotiating.

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