America's trade deficit is driven by overspending and a lack of domestic investment—not unfair trade practices, according to Quantum Strategy's David Roche.

China on Thursday called for “dialogue” with Washington to resolve spiraling trade tensions that have seen the world’s two largest economies impose a slew of tariffs on each other’s imports. “China has always advocated that China and the United States should adopt a positive and cooperative attitude towards differences and controversies in economic and trade fields,