Breaking BBG headline, citing two people familiar
- Next US tariff on $16 billion in Chinese imports to hit as early as Wednesday, with China threatening to respond in kind
- US officials said to meet this week on China trade posture
- Mnuchin and Liu He are having private conversations as they look for ways to reengage
- There is an agreement among them that more talks need to take place
US stock futures climbed a bit on the headlines but the market has seen this good-cop, bad-cop routine before with Mnuchin trying to patch things up and then others, including Lighthizer blowing it up.
