US President Donald Trump said he will probably understand in the next three to four weeks whether the two sides will sign a trade agreement.
"We will have news about China, one way or another, we will find out if we can make a deal in the next three to four weeks." - said Trump from the White House.
The two largest economies in the world have engaged in a trade war last year, imposing another serious commercial tariffs. There are enough signs that we can say that the war is coming to an end, but the issue of protecting intellectual property and other structural factors in Chinese markets remains key to resolving between Beijing and Washington.
"If this problem is resolved, it will be something people will talk for a very long time." - says Trump.
Last month, the Trump administration postponed the imposition of additional tariffs on Chinese goods.
Source: CNBC
Read more:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Disclaimer:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.