Base metals prices on the Shanghai Futures Exchange edged up during morning trading on Tuesday August 27 after tensions between China and the United States appeared to ease a day earlier after both sides announced fresh tariffs against each other last Friday.
Leaders of both countries expressed willingness to return to the negotiations table to resolve trade disputes between the world’s two largest economies.
Chinese Vice-Premier Liu He, the chief negotiator in trade talks, said on Monday that China was willing to engage in “calm” negotiations with the US.
In response, US President Donald Trump said on Twitter: “Great respect for the fact that President Xi [Jinping and] his representatives want ‘calm resolution.’ So impressed that they are willing to come out [and] state the facts so…