President Trump: We are so close, China wants to make a deal badly
|The US and China are close to making a trade deal and the latter is desperate to reach an agreement, President Trump reportedly said during a rally in Kentucky.
The two nations are closing on a phase-one of the trade deal, under which the US is considering removing some tariffs on $112 billion worth of Chines imports in exchange of China agreeing to buy up to $50 billion worth of US farm goods within two years and implement commitments to open its financial services sector and increase intellectual property protections, according to Politico.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.