13 per cent companies will leave China ‘in the fairly near future’: Trump

A fresh set of tariffs are set to be imposed on Chinese products from September 1.

Government on charm offensive to lure China factories

Apple, Wistron, Pegatron and Foxconn did not respond to a request for comment.

Govt will meet companies between Aug 26 and Sept 5 to suggest the best investment zones for their operations.

Trump said he has 'no plan now' to bring US companies in line, and his aides quickly reinforced the message.

In his statement, which was mainly against China, Trump also issued a warning to other countries as well.

Among the major foreign holders of the Treasury securities, India was at the 13th position with holding to the tune of USD 162.7 billion.

Participants are also awaiting measures from the government to boost growth and revive consumer sentiment, experts added.

Trump claimed that millions of jobs have been lost and thousands of companies are shutting down in China.

US-China trade war escalated sharply after Washington on Monday branded Beijing currency manipulator for first time since 1994.

The layoffs are expected to affect jobs at Huawei’s US-based research and development subsidiary Futurewei Technologies.