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

Lol.
Aug 19th, 2018 - 12:38 pm - Link - Report abuse 0
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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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