Source: Chinese officials have postponed their flights to Washington – CNBC

On the latest US-China trade talks update, CNBC quotes a source familiar with China side of negotiations, as saying that “some working-level Chinese officials have postponed their flights to DC. They may fly as late as May 8 - the date of the negotiations.”

Key Notes:

China’s Vice Premier Liu He will very unlikely go to the US this week – Global Times

China considers cancelling trade talks with us this week after trump threats –WSJ

Trump’s threat to lift tariffs on Chinese imports sends risk assets into reverse, Yen is 0.34% higher vs dollar