World markets subdued on US-China trade worries

World markets were mixed Monday amid speculation over the next steps in a dispute between the U.S. and China over technology development and trade following meetings in Washington last week.

American and Chinese negotiators ended two days of talks in Washington last week without word of a deal, though those involved — including U.S. President Donald Trump — were optimistic about the road ahead.

Trump said he plans to meet his Chinese counterpart Xi Jinping to sort out contentious issues. “I think when Xi and I meet, every point will be agreed to,” Trump said, without specifying a date or location.

A tariffs cease-fire between the U.S. and China is set to end on March 2, and the U.S. is expected to raise import taxes from 10 percent to 25 percent for $200 billion in Chinese goods.

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