President Trump said that “we’re meeting with China” on tariffs, comments aimed at soothing jittery financial markets. But Chinese officials say no talks have taken place.

US President Donald Trump has signaled a potential U-turn on his trade war with China, saying the high tariffs on Chinese goods will “come down substantially, but it won’t be zero.”

The United States will not implement unilateral tariff reductions imposed on China, according to the White House Press Secretary Caroline Levitt. "The President has made it clear that China needs to make a deal with the United States of America,