Market news
13.05.2019, 05:59

US-China trade war progressing - TDS

TD Securities analysts note that the weekend developments in the US-China trade war included more Trump tweets and China denying that they had reneged on any prior agreements.

“Liu He said such changes were “natural” and he said the remaining differences were “matters of principle” ie China is unlikely to make concessions on such changes. Meanwhile Kudlow suggested that Trump and Xi could meet at the G20 at the end of next month, a glimmer of hope. The US administration is expected to give details of tariffs on a further $325bn of Chinese exports to the US as early as today. China has promised retaliation and we could see them outline further tariffs on US exports in the next couple of days as well as the possibility of non-tariff barriers. There are no further negotiations scheduled between the US and China though Kudlow has said that China has invited Mnuchin and Lighthizer to Beijing for further talks. Given that Trump now appears to have a unified administration while China stalls, we don’t expect any quick resolution.”

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

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

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

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.

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