Because after the Commerce Department formally added Huawei to the blacklist, the Chinese media and Chinese officials turned up the rhetoric, warning that there are no plans for another round of talks. Markets didn’t take this well: Chinese stocks plunged 2.5% overnight on Friday – a big drop, though still not as bad as the 3% decline from last Monday,the market’s worst day in three years. European shares didn’t fare much better because, as one analyst explained to Bloomberg…
https://www.zerohedge.com/news/2019-05-17/trade-optimism-fizzles-china-says-no-plans-more-talks
