US and China rift widens amid insults and mind games
[ad_1] TOI correspondent from Washington: US President Donald Trump said he is waiting for a call from Beijing to resolve trade issues, but China, demanding "equality, respect and mutual benefit" before any talks, pledged to "fight to the end" as the world's two biggest economies clashed and effectively decoupled on Tuesday. Remarkably, global stock markets including in US rebounded strongly despite hardening positions and fractured ties, even within America. Billionaires and business barons begged President Trump to go easy on his tariff tirade, and astonishingly the US Chamber of Commerce, representing thousands of big and small American corporations and businesses, was reported to be considering suing its own government to stop Trump's derailment of global trade.But the US President escalated his rhetoric and continued to taunt and trash China, while boasting of other countries lining up to initiate talks in […]