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Stocks Steady, Dollar up as Trump and Xi Talk
- US President Donald Trump and Chinese President Xi Jinping held a phone call on September 19 to discuss trade and the TikTok app, according to multiple reports from state media and the Associated Press.
- Trump reportedly declined to approve USD 400 million in military aid to Taiwan while seeking a trade deal with China, as stated by The Washington Post.
- Experts suggest that progress in US-China relations will depend on the easing of US tariffs and sanctions against China, as noted by Ali Wyne from the International Crisis Group.
- Trade talks between US and Chinese officials have recently occurred in Madrid, where both sides aimed to discuss reducing economic barriers and reaching a consensus, according to reports from Xinhua.
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The phone call between the two leaders was a political event that made Wall Street stop breathing for a moment.
Newsbug.info+20 Reposted by 20 other sources
US stocks end at records again as Trump and Xi talk
Stock markets steadied and the dollar mostly rose Friday at the end of a week marked by central bank decisions, as attention turned to a call between US President Donald Trump and his Chinese counterpart Xi Jinping.
On Friday, September 19, US President Donald Trump and Chinese leader Xi Jinping held a telephone conversation.
Powered by the Fed's first fall in the year's rate, Wall Street keeps the record. However, markets remain suspended from the expected call between Donald Trump and Xi Jinping. ...
·Brussels, Belgium
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Total News Sources86
Leaning Left13Leaning Right15Center13Last UpdatedBias Distribution36% Right
Bias Distribution
- 36% of the sources lean Right
36% Right
L 32%
C 32%
R 36%
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