Trump Says China Deal in the Works

April 24, 2018 Share Print 0

U.S. President Donald Trump on Tuesday said the United States would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations in a few days.

China has said it would welcome a visit by U.S. Treasury Secretary Steven Mnuchin, who is seeking to resolve a tense trade dispute between the world’s two largest economies after Trump threatened to impose tariffs on Chinese imports.

“China’s very serious, and we’re very serious,” Trump told reporters, adding that Mnuchin would travel to China as part of a delegation requested by Beijing. “We’ve got a very good chance at making a deal.”

via Reuters

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.