“They’d like to have a rollback,” Trump said. “I haven’t agreed to anything. China would like to get somewhat of a rollback, not a complete rollback because they know I won’t do it.”
A day earlier, a spokesman for China’s Ministry of Commerce told reporters that US and Chinese negotiators had discussed rolling back tariffs, saying the rollbacks could happen even before a “phase one” trade deal is signed.
Despite Trump’s remarks, Wall Street ended last week at record highs.
In Hong Kong, the city’s political crisis escalated again at the start of the work week when a traffic officer shot a protester in the chest early Monday morning, according to a police source.