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China, US agreed to proceed with fresh trade negotiations

1 Jul, 2019

China, US agreed to proceed with fresh trade negotiations

China News : Stocks in Asia climbed along with US equity futures and the yuan after the American and Chinese presidents reached a truce in the trade war and agreed to resume talks. Treasuries, gold and the yen declined.

US President Donald Trump’s face-to-face meeting with Chinese President Xi Jinping at the G-20 summit in Japan is just the latest step in a back and forth with massive implications for the global economy. “We discussed a lot of things and we’re right back on track,” Trump said after meeting Xi.

The summit, on the sidelines of the G-20 meeting in Japan, was a continuation of Trump’s years-long crusade to overhaul the US trade relationship with China.

China, US agreed to proceed with fresh trade negotiations

Donald Trump Economy G-20 summit Stocks in Asia Trade USA Xi Jinping

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