Market Stresses: Trade Talks

market stresses: The news announced at the end of Chinese Lunar New Year holiday indicates that both China and the US are committed to implementing the consensus reached by the leaders of the two countries during the G20 summit in Argentina in last December to secure a ground-breaking trade agreement, according to Global Times China. Tensions and anxieties are starting to spike in the global market since the hard deadline of the final round of trade talks between China and the US is drawing near. The US team is due to arrive on February 11, a few days ahead of the trade talks scheduled in Beijing, Xinhua reported on Saturday. Market stresses are expected given the pivotal roles that the two countries play in global trade and economies. The Trump administration has been optimistic about the prospects of China and the US reaching a final trade agreement and the US stock market has seen a couple of surges to reflect those expectations. However, analysists around the world are generally optimistic about the possibility that agreement will be reached between China and the US. Although the US seems to have the idea of asking for higher prices at the last minute, it is still a common expectation among Americans that the trade war between China and the US can come to an end; and this expectation has already transpired into some political effect. (news.financializer.com). As reported in the news.