WARY OF TRUMP’S FLIP-FLOPS, CHINA PREPARES FOR WORST ON TRADE –

In off-the-cuff remarks to reporters at the Group of Seven summit in France on Monday, Trump claimed that Chinese officials called “our top trade people” and said, “Let’s get back to the table.” In subsequent appearances he portrayed the outreach as evidence China was desperate to make a deal. China’s foreign ministry said again Tuesday it was unaware of the phone calls mentioned by Trump, reiterating a statement immediately after his remarks. (Bloomberg)