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US/China announcement of trade talks come as a relief to world markets

Friday, August 17th 2018 - 10:26 UTC
Full article 4 comments

The dollar stepped back from 13-1/2-month highs against other major currencies on Friday as talks next week between China and the United States offered some hope that the world’s two largest economies will find a way to head off a full-blown trade war. Read full article

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  • chronic

    China is scared.

    Aug 18th, 2018 - 01:17 pm - Link - Report abuse 0
  • Brasileiro

    China is getting time. The time required to phase out dollar exchange reserves. Simple!

    Aug 18th, 2018 - 02:51 pm - Link - Report abuse 0
  • chronic

    Braz, you are consistent - eternally clueless - but you are consistent.

    Lol.

    Aug 19th, 2018 - 12:38 pm - Link - Report abuse 0
  • Terence Hill

    chronic i.e pathological
    You think your clued in? Give yourself a shake.
    “Trump Is Losing His Trade War
    In reality, the world trading system was working pretty well until Trump came along, and tariffs and non-tariff barriers have not been rising to any appreciable degree. The United States and 11 other countries negotiated the Trans-Pacific Partnership, which would have reduced or eliminated hundreds of tariffs, including Canada’s dairy tariff that Trump often complains about. Trump pulled the U.S. out of the TPP, stopped negotiations on a free trade agreement with the European Union, stopped negotiations on a bilateral investment treaty with China, abandoned the Obama administration’s work toward modernizing the WTO.”
    https://www.forbes.com/sites/sap/2018/08/13/how-technology-helps-keep-road-warriors-safe-in-the-post-9-11-era/#72c683af317a

    Aug 19th, 2018 - 10:05 pm - Link - Report abuse 0

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