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US and China Understand the Issues. UK’s House of Commons Has Voted


US – China trade negotiations are still one of the main topics this week. With the ongoing talks, markets are keeping a close eye on the progress. So far, the news is coming out positive, as both countries are willing to reach some sort of a deal. UK House of Commons voted to force Theresa May to seek an extension, in order to avoid a no-deal Brexit.

US – China Trade Talks Are Surrounded with Positive Tones

Last year, the world’s two largest economies started imposing import tariffs on each other’s goods. The US kicked off the game first, but it didn’t take long for China to respond with counter-tariffs on US exports to China. It is now getting closer to a year since the battle started. Both countries continue to damage each other’s domestic exporters this way. One of the main ones that were...

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Source: https://www.jfdbank.com/en/research/us-and-china-understand-the-issues-uks-house-of-commons-has-voted
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