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Home / Business / US-China trade, currencies in focus

US-China trade, currencies in focus



Investors will pay attention to developments in trade relations between the US and China and a new round of negotiations will take place in Beijing this week.

"The reality is that olive branches and not rose stalks are the best that anyone (anchored to reality) could look for," the Mizuho Bank said in a morning message.

She pointed out that the conversations were overshadowed by "restraints."

"First, President Trump had stated that he would not meet with President Xi before the deadline (March 1) for the expiration of the US-China ceasefire," the statement said.

"However, Trump has also categorically stated that there are no US-China trade agreements until he and President Xi have met, so this is a good guarantee that there will be no treaty before the ceasefire between the US and China is phasing out. "This, it says in the note, not only contradicts Trump's earlier tweets, which are enthusiastic about a deal in the plants, but also" raises the question "of whether this meant higher tariffs on Chinese imports.

The Wall Street Journal reported last Friday The two countries have not yet drafted anything they agree or disagree with. The report appears as both Washington and Beijing try to trade before an important deadline in March, after which additional tariffs on Chinese imports into the US are struck.

It will also be followed by US President Donald Trump on Thursday I will not meet Chinese President Xi Jinping before this deadline. White House economic adviser Larry Kudlow also said it was "pretty far to go" before China and the US reached a deal.


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Home / Business / US-China trade, currencies in focus

US-China trade, currencies in focus



Investors will pay attention to developments in trade relations between the US and China and a new round of negotiations will take place in Beijing this week.

"The reality is that olive branches and not rose stalks are the best that anyone (anchored to reality) could look for," the Mizuho Bank said in a morning message.

She pointed out that the conversations were overshadowed by "restraints."

"First, President Trump had stated that he would not meet with President Xi before the deadline (March 1) for the expiration of the US-China ceasefire," the statement said.

"However, Trump has also categorically stated that there are no US-China trade agreements until he and President Xi have met, so this is a good guarantee that there will be no treaty before the ceasefire between the US and China is phasing out. "This, it says in the note, not only contradicts Trump's earlier tweets, which are enthusiastic about a deal in the plants, but also" raises the question "of whether this meant higher tariffs on Chinese imports.

The Wall Street Journal reported last Friday The two countries have not yet drafted anything they agree or disagree with. The report appears as both Washington and Beijing try to trade before an important deadline in March, after which additional tariffs on Chinese imports into the US are struck.

It will also be followed by US President Donald Trump on Thursday I will not meet Chinese President Xi Jinping before this deadline. White House economic adviser Larry Kudlow also said it was "pretty far to go" before China and the US reached a deal.


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