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After the meeting in Beijing, the differences between the US and China are deepening

Steven Mnuchin team in China meeting

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The two days of negotiations between the US and China do not seem to have ended as everyone expected - by agreement. The two sides have promised to continue the negotiations, and this again inspired hopes of the bulls.

Complete information on the negotiations between the two parties is not communicated. but one thing is clear, the differences between the two countries will prove to be a stumbling stone for both economies. According to the Chinese news agency, profound differences have been identified at the meeting over topics other than trade.

An agreement has been reached on the creation of a special mechanism for resolving trade disputes. US officials have also agreed to raise with President Donald Trump the issue of banning US companies from selling goods and software to China's ZTE Corp.

Negotiations during the second day of the US delegation's visit were closed, and against the backdrop of a Beijing ban, the Chinese media reported any information other than official announcements.

We are expecting more information over the weekend about what decisions were made at the Beijing summit, as well as gambling when the markets opened Monday.

Source: Reuters


 Trader Petar Milanov
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