• Analytics
  • Market analysis
  • Market Opinions
  • Trade Talks Between the U.S and China Started Up Again
Trade Talks Between the U.S and China Started Up Again
02.07.2019, 06:57

Trade Talks Between the U.S and China Started Up Again

The two largest economies in the world have been at a standstill when it comes to trade talks, as neither country was willing to give way. Now, after the conclusion of the G20 Summit in Japan, U.S President Donald Trump has commented on the startup of trade talks with China.

Referring to the two countries’ trade negotiators, Trump said “it has already begun. They are speaking very much on the phone. It actually began before our meeting.”

The meeting Trump is referring to is the meeting he had with Chinese President Xi Jinping in Japan, after which the two leaders ‘announced the resumption of talks, reflecting a truce in their trade war,’ according to Bloomberg.

Trump had also said after the meeting that he would not implement an additional $300 billion in tariffs while the talks were continuing.

While talks continue with China, Trump has also announced that Mexico tariffs are not going into effect, after the country increased its efforts to stop the flow of migrants from Central America to the U.S.

Disclaimer:

Analysis and opinions provided herein are intended solely for informational and educational purposes and don't represent a recommendation or investment advice by TeleTrade. Indiscriminate reliance on illustrative or informational materials may lead to losses.

© 2000-2020. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location