#Business and #Peace : #US-#China trade war may not bode well for #Trump's denuclearization dialogue with #NorthKorea.

#GoldmanSachs said chances of a successful deal between the U.S. and #China are now lower, but suggested that an increase in tariffs could still be avoided depending on whether the Chinese bail on their meeting with U.S. negotiators this week.

According to one expert, the recent downturn in U.S.-China trade talks may not bode well for Trump's denuclearization dialogue with Pyongyang.

China's central bank says it's cutting reserve requirements for small and medium banks

China's central bank said on Monday it will lower the reserve requirement ratio for small and medium-sized banks effective on May 15.