US-China Trade War Latest

Friday, 22/11/2019 | 07:40 GMT

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By Giles Coghlan, Chief Currency Analyst at HYCM

There is a shift in the way that the US is handling the US-China trade dispute as President Trump has grown more at home with the tariffs that are placed on China. Negotiations are at an uncertain crossroads at the moment with different messages crossing the wires. It is therefore, very important to stay tuned into the latest messages out of the US and China in order to not get caught out. At the moment the US has said that it may delay December 15 tariffs even if a phase one trade deal pact is not reached. However, Chinese President XI has also said that China did not start a trade dispute with US and is not afraid of a trade war, nor will it flinch from such a fight but added he wants to work out a phase one agreement. These are uncertain times and keep alert to breaking US-China trade news.

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