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.
US China trade deal
US Trade Talks with China have Stalled – Gold Silver Reports
Negotiations between the U.S. and China appear to have stalled as both sides dig in after disagreements earlier this month.
Crude Oil Prices Up – Higher US Tariffs Kick in on Some Chinese Goods
Gold Silver Reports (GSR) – China on Friday said it “deeply regrets” the U.S. move, adding that it would take necessary countermeasures, without elaborating. Crude Oil prices rose on Friday despite the start of U.S. President Donald Trump’s tariff hike on $200 billion of Chinese goods, stoking the trade dispute between the world’s two biggest economies.
Crude Oil Rallies on Hopes for US-China Trade Deal
Brent crude futures were at $70.85 a barrel at 0021 GMT, up 48 cents, or 0.7%, from their last close. Brent closed little changed in the previous session.
Donald Trump plans Allowed Duty Free Entry of about 2000 Products into the US
US President Donald Trump delivered notice Monday he plans to end key trade preferences for India and Turkey. Trump notified Congress in letters of his “intent to terminate” trade benefits for both countries under the generalized system of preferences.
Gold Demand in India Improved This Week Due to a Fall in Local Prices
Gold edged up on Monday, after falling below the critical $1,300 level in the previous session, as the dollar dipped on the prospect of a US-China trade deal.
Fed’s $4 Trillion Balance Sheet in Focus Ahead of Minutes From January Meeting
The U.S. dollar held onto gains against its global peers Wednesday ahead of Minutes from the Federal Reserve that are expected to confirm the bank’s recent signals on slower rate hikes and a more patient approach to monetary policy in the face of uncertain economic growth at home and notable weakening around the world.
US Markets Rally on US-China Trade War Truce; Dollar Down, Yuan Up
The equities rally followed a US-China trade deal at the G20 summit in Argentina calling for a 90-day trade tariff truce. Oil prices jumped nearly 4%.
Trump may impose auto tariffs as early as next week: German magazine
The report recommends 25 percent duty on car imports from all countries except Canada and Mexico. There will be no exceptions for certain car types. …
Trump Looks to Expand Tariffs to All Chinese Goods
Gold Silver Reports (GSR ) – Trump, in an interview with the Wall Street Journal published Monday, said he’s prepared to impose tariffs on a final batch of $267 billion of Chinese shipments if he can’t make a deal with Xi when they meet at the Group of 20 meeting in Argentina, which starts Nov. 30. The rate could be either 10 percent or 25 percent, Trump said.