Agreement: Half and Uncertainty

agreement: But uncertainty about whether a meaningful agreement can be finalized could loom over markets in the second half of the year, according to CNN. Existing tariffs remain in place and will continue to hit businesses. US-China truce Markets will like the news that the United States and China reached a temporary trade truce this weekend in Japan, where US President Donald Trump and Chinese President Xi Jinping agreed to table new tariffs and continue negotiations. And the administration's position on Chinese tech giant Huawei remains murky, which could make the tech sector jittery. Global stock markets rallied spectacularly in the first six months of 2019. The temporary agreement does little to resolve the fundamental conflicts over trade issues that broke down talks in May and does not amount to a sustainable solution for Huawei, wrote analysts at Eurasia Group, a political risk consultancy. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.