China standoff over high tariff levels that amount to a mutual trade embargo between the world’s two largest economies.

President Donald Trump said Thursday that the U.S. and China have been negotiating a deal on tariffs after Beijing said earlier that such assertions from Washington were "fake news.""Well, they had a meeting this morning,

Trump keeps claiming he’s working on a deal with China. Beijing says that it is all in his mind - ‘Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis,