Stock Ticker

US Treasury secretary Bessent: China are tough negotiators

  • We pushed back on them quite a bit
  • We have the makings of a deal
  • Will speak to Trump later today about 12 August deadline with China
  • Confident that it will be done
  • I don’t know what’s going to happen on India
  • It will be up to them (India), our trade team is frustrated
  • We pulled down a lot of the non-tariff trade barriers for South Korea deal

These are mostly token remarks in summarising how things have played out so far this week. With regards to an extension of the trade truce with China, do be wary that we could be seeing a potential set up for a Trump-Xi meeting for late October as well.

This article was written by Justin Low at investinglive.com.

Source link

Get RawNews Daily

Stay informed with our RawNews daily newsletter email

Bank of Korea preview – set to hold on Thursday (28 May) as rate hike bets build for Q3

PM Carney says Canada and India in free trade talks across energy and agri-food

Willson Contreras Is Thriving For The Red Sox

Japan drops to third-largest creditor as China overtakes despite record assets