After Donald Trump’s speech yesterday, there is disillusionment about the trade war. The US president lacked any optimism about an imminent deal. According to insiders, the sticking point is still China’s demand to abolish punitive tariffs. Both sides are still very far apart. The markets are slowly becoming impatient, the Asian markets under pressure tonight. Today the impeachment case against Trump will come into focus with television broadcasts of hearings (continues next week). And Fed Chairman Jerome Powell talks to the US Congress about the Fed’s further course. Last night, one central bank refused an expected rate cut – a symbolic sign?
Just now, the “Oracle from Beijing”, the chief editor of the “Global Times” Hu Xijin, has announced the purchase of U.S. agricultural products as China’s goodwill action. Beijing also wants to buy pork and – […]
Despite bad news in the trade war, US indices held up well yesterday. Wall Street views the meeting between Trump and Fed Chairman Powell as positive for the market. Today Trump tweeted that he had […]
In China, swine fever is raging at an unprecedented rate. Now Beijing wants to buy US pork in particular. How did Donald Trump recently cheer on the agricultural agreement with China, which is actually not […]