00:00It's Benzinga bringing Wall Street to Main Street.
00:02U.S. President Donald Trump on Thursday refuted China's claims that there were no ongoing trade
00:06talks between Beijing and Washington, that according to CNBC. Trump told reporters that
00:11meetings with China took place earlier that morning, though he did not specify who attended.
00:16Trump's comments came after China's Ministry of Commerce and Foreign Ministry asserted there
00:21were absolutely no negotiations underway and demanded the U.S. abolishing unilateral tariffs
00:26for any resolution. Analysts said China is now prioritizing its own needs over U.S. demands,
00:32warning that Beijing could adopt a more hawkish stance if escalations continue.
00:36For all things money, visit Benzinga.com slash GSTV.
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