( Business news updates) US under no pressure for China trade deal - Donald Trump

The US President Donald Trump said Washington is under "no weight" to accomplish an exchange manage China as the possibility of new taxes linger.

The remarks come in the midst of reports the opposite sides could continue converses with fight off a third round of US levies.

China respected the offer of talks and said the two nations were examining the subtle elements, as indicated by reports.

The US has propelled an exchange war against China which could see the majority of its fares to the US subject to obligations.

"We are under no strain to make an arrangement with China, they are feeling the squeeze to make an arrangement with us," Mr Trump said in a tweet on Thursday.

"Our business sectors are flooding, theirs are falling."

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The US and China have slapped taxes on $50bn of each other's merchandise this year in a raising exchange war between the world's two biggest economies.

The taxes are the most recent Trump arrangement to challenge the unhindered commerce framework which has won for a considerable length of time.

They are as of now influencing organizations, especially the car business, and harming economies.

Mr Trump said a week ago he could move "soon" to force levies on an extra $200bn (£153bn) worth of items with charges on another $267bn "prepared to go without prior warning".

In the event that the two arrangements of levies proceed it would mean for all intents and purposes the majority of China's US fares would be liable to new duties.

"The [US] organization sees duties as a method for getting the consideration of the Chinese administration and expanding their use at the arranging table," Michael Froman, previous US exchange agent told the BBC.

"I don't think the burden of taxes are a shrewd move since it's a duty, it's an assessment on the buyer at last. It's additionally exceptionally problematic to organizations who are attempting to oversee worldwide supply chains."

Potential talks

Points of interest on the potential exchange talks were thin, yet Larry Kudlow, White House financial counselor, said the possibility of talks was a positive improvement.

Mr Kudlow disclosed to Fox Business News on Wednesday that US Treasury Secretary Steven Mnuchin "has evidently issued a welcome".

"I can't give you numerous points of interest in light of the fact that there aren't numerous subtle elements. Be that as it may, I generally have faith as a rule talking is superior to not talking, so I view this as an or more."

Later on Thursday, China's outside service respected the offer of talks and said the two nations were examining points of interest.

The White House says levies are a reaction to China's uncalled for exchange approaches, which Mr Trump faults for making a gigantic exchange shortfall.

China blames the US for propelling "the biggest exchange war in financial history" and has struck back in kind.