BEIJING -- High-level trade negotiations between China and the U.S. this month have been called off, according to media reports, with both sides ready to impose their latest tariffs this coming Monday.
Beijing apparently believes that talks are unlikely to yield any fruit amid the escalating trade war, leaving no path in sight to resolving the issue. It is following up on a promise not to negotiate under threat, The Wall Street Journal reported, citing people briefed on the matter.
