BEIJING/NEW YORK -- U.S. President Donald Trump said on Monday that he will meet Chinese President Xi Jinping at the Group of 20 leaders summit in June, on a day when Wall Street saw a major sell off on fears of a trade war escalation.
Earlier in the day, China's finance ministry said it will raise retaliatory duties on $60 billion in U.S. imports to as much as 25% from June 1, in response to Friday's tariff increase by Washington.
