Two-Month Trade Truce Extension Leaves Markets Cold After Trump-Xi Summit
The extension gives negotiators more time on tariffs, farm purchases and other disputes after markets fell 1.7% in China and Hong Kong.
5 Articles
5 Articles
The two-month extension would provide room for progress in negotiations with Washington, says Beijing
U.S.-China Summit Leaves Key Agricultural Trade Issues Unresolved
(NAFB.com) – U.S. farmers are awaiting more details on agricultural trade after President Donald Trump and Chinese President Xi Jinping concluded talks Thursday without announcing a broader trade agreement. Reuters reports the countries extended their existing trade
Trump Rejects Iran Proposal as Xi Visit Extends U.S.-China Trade Truce
President Donald Trump ended a high-stakes week of foreign policy with two of America’s biggest international challenges still unresolved, as tensions with Iran remained volatile and Chinese President Xi Jinping’s visit to Washington produced a temporary trade reprieve but no major breakthrough on the disputes dividing the two countries. Trump spent much of the week [...]
Two-Month Trade Truce Extension Leaves Markets Cold After Trump-Xi Summit
Donald Trump gave Xi Jinping the full state-visit treatment in Washington, but markets were more interested in what the two leaders did not deliver. After three days of ceremony, an unusually warm presidential welcome and repeated pledges to stabilize relations between the world's two largest economies, the main economic outcome was a two-month extension of the existing U.S.-China trade truce, pushing its expiration from November 10 to January 1…
Ms. Cutler, the US trade policy vis-à-vis China can be described as alternating phases of escalation and de-escalation. First of all, we have seen skyrocketing tariffs up to more than 100 percent before the agreement between President Donald Trump and Xi Jinping was reached that the United States allows exports of certain high-tech semiconductors to China, while Beijing agrees to export rare earths to the US. What do you expect as next step in t…
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