China-US Trade Talks Looking Up, Boosting Markets
Friday’s the day. By then, U.S. and Chinese negotiators need to conclude an agreement to satisfy President Trump’s tariff fairness and technology transfer demands to avoid 25-percent levies on $200 billion in Chinese exports. Markets dipped yesterday with the president’s “who knows?” talks assessment, but rebounded later when he and Chinese Vice Premier Liu He, meeting in the Oval Office, said a deal was likely. Meanwhile, Trump’s reportedly planning to host Chinese President Xi Jinping in late March.
Is the deadline flexible? Trump said Friday, “If we’re doing well, I could see extending that.”