Trump in no rush to speak with Chinas Xi despite tariff battle [Video]

US President Donald Trump said Tuesday he was not in a hurry to speak with his Chinese counterpart Xi Jinping, despite expectations that they would hold talks after announcing tit-for-tat tariffs in a growing trade conflict.

Beijing said it was imposing levies on imports of US energy, vehicles and equipment in a return salvo minutes after Trump’s threatened tariffs on Chinese goods came into effect Tuesday.

Trump suspended duties on Mexico and Canada a day prior for a month after both countries vowed to step up measures to counter flows of the drug fentanyl and the crossing of undocumented migrants into the United States.

Trump had signaled earlier that the talks with Xi could take place early this week, but addressing reporters at the White House Tuesday afternoon, he said he was in “no rush” to talk to Xi.

Stock markets wavered as investors braced for volatile market activity in …