Stocks are dropping after China reportedly signals it will take a tougher stance in trade-war talks this week

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'Beijing is about to make another epic miscalculation. Trump ALWAYS escalates when put under pressure,' says one analyst.

European stocks and US futures dropped on Monday following reports China will adopt a tougher negotiating stance in trade talks with the US this week. Chinese officials don't plan to offer concessions such as reforms to industrial policy or government subsidies, Bloomberg reported, citing people familiar with the matter. "Beijing is about to make another epic miscalculation," one analyst said."Trump ALWAYS escalates when put under pressure.

European stocks and US futures dropped on Monday following reports China will adopt a tougher negotiating stance in trade talks with the US this week. Chinese officials don't plan to offer concessions such as reforms to industrial policy or government subsidies, Bloomberg reported, citing people familiar with the matter. "Beijing is about to make another epic miscalculation," one analyst said."Trump ALWAYS escalates when put under pressure.

 

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