Trump to meet Xi after China slaps US with new tariffs

U.S. President Donald Trump said on Monday he would meet with Chinese President Xi Jinping next month, as the trade war between the world’s two largest economies intensified, sending shivers through global markets.

Earlier, China announced it would impose higher tariffs on a range of U.S. goods including frozen vegetables and liquefied natural gas, a move that followed Washington’s decision last week to hike its own levies on $200 billion in Chinese imports.