US- China Trade Talks Break Down After US Rejects "Frustrated" Beijing's Offer To Cut Deficit

Zero Hedge -

Zero Hedge—While much of the overnight session was market by the previously discussed buying euphoria that sent futures over 1% higher after Monday's disappointing close following a "conciliatory" speech by China's president Xi who - once again - promised to open China's economy and lower import tariffs, there was a moment of sheer angst when just before 4am ET, Bloomberg almost broke the narrative of Xi trade war "reconciliation" when it reported that trade talks between the US and China broke down last...

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