Thursday, 17 October 2019 China and America have agreed to a “pretend” trade deal, with details are so thin that the Chinese preferred not to call it a “deal” at all. That didn’t stop the markets cheering.
The post US-China trade truce: both sides back down was first published on MoneyWeek.
U.S. stocks are falling sharply Friday as the fallout from the trade war between the U.S. and China weighs on the world's two largest economies. The Dow is falling triple digits while the Nasdaq is down more than 1% Friday. The Chinese economy grew at a 6% rate in the third quarter, its slowest rate...
Commerce Secretary Wilbur Ross and White House economic advisor Larry Kudlow made remarks that predict phase one of a trade deal with China is nearing completion, though the president has yet to signal..
The U.S.-China trade war is unlikely to see a permanent truce over the coming year, and while concerns have eased over a U.S. recession, an economic rebound is... Reuters Also reported by •Reuters India •Newsmax