Bloomberg: Trade negotiations are deadlocked in the deadlock.

The White House economic adviser, Kudlo, said that the US -China leaders are expected to meet at the G20 summit at the end of June at the end of June to negotiate trade issues.(Reuters)

(Morning News) Bloomberg reported that the US -China trade negotiations were in a deadlock, mainly because the two parties had previously failed to reach consensus on how and when the existing settlement was canceled. Beijing threatened to withdraw from the negotiations.To say, the fundamental differences between the two countries are expanding.

The report pointed out that since the negotiations of last Friday (10th), the United States and China have maintained a calmness and emphasized that they plan to continue to negotiate, hoping to avoid market frustration and wider economic losses.

However, this illusion covers the mutual trust that the two sides who are familiar with the talks with the talks, which has been severely eroded, making the vision of the recent agreement that has reached an agreement. U.S. officials are increasingly believed that the Chinese hawks have occupied the upper wind in the internal debate of Beijing's reform of the reform.Essence

At the same time, US President Trump continued to post a tweet to the state of both sides. In response to the US -China trade negotiations, he said that the location of the United States is currently full of location.EssenceChinese official media accused the United States and emphasized its own economic toughness.The People's Daily stated in the front version of the comment that as the United States has further imposed tariffs on Chinese products in the United States, the negotiation has failed, and the responsibility is exactly in the United States.

It is reported that the unknown situation means that there will be more turbulence in the financial market: the Asian stock market declines, and the US stock index futures, RMB and US Treasury yields have fallen.

The breakdown of the negotiations prompted the upgrading of tariff wars between the world's two major economies.The slowest speed increase after the financial crisis.

In addition, US officials are expected to announce the planning details of 25%additional tariffs on all remaining imported products from China on Monday, which is equivalent to about 300 billion US dollars ($ 409.7 billion) trade.Last week, Trump levied a 25%punitive tariffs on more than 5,700 products worth about $ 200 billion each year, and Beijing was still investigating retaliation measures.