The trade deal to be signed this week will include pledges by China to buy US$200 billion of US goods over two years in four industries, a Trump administration official and two other sources briefed on the matter said.
Trade Talks
US-China Trade Relations Become that Their Impact is Felt in Financial Markets
US-China trade relations become that their impact is felt in financial markets, boardrooms and even central banks. Washington and Beijing ratcheted up tariffs in August and investors took fright, triggering official promises to revive trade talks. But are the US and China likely to pull back from the brink?
President Donald Trump has said the US and China will “Very Shortly” Resume Trade Talks
President Donald Trump has said the US and China will “very shortly” resume trade talks after a weekend of escalating tension with Beijing.
Trump says Tariffs on $200 Billion of Chinese Goods will Increase to 25%, Blames Slow Progress in Trade Talks
Gold Silver Reports (GSR) – In addition, Trump threatened to impose 25% tariffs on an additional $325 billion of Chinese goods “shortly.”
Emerging Markets The Silver Lining in Global Turmoil – Gold Silver Reports
Gold Silver Reports (GSR) – Stocks faltered and bonds rose on Wednesday as US President Donald Trump’s political position was threatened by the criminal convictions of two former advisers, while the US dollar headed for its sixth straight day of losses. Investors had a lot to digest with the conviction of Trump’s former campaign chairman on eight counts of financial wrongdoing and a guilty plea by his former personal lawyer in separate cases.