China standoff over high tariff levels that amount to a mutual trade embargo between the world’s two largest economies.

During a press gaggle on Air Force One, President Trump was asked what it would take for him to reduce tariffs on China.

Trump keeps claiming he’s working on a deal with China. Beijing says that it is all in his mind - ‘Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis,