empty
 
 
vi
Hỗ trợ
Mở tài khoản ngay lập tức
Tải nền tảng giao dịch Metatrader
Khởi động WebTrader

04.07.201911:21 Forex Analysis & Reviews: What can the foreign exchange market expect from the negotiations between the US and China? Nothing!

Long-term review

Exchange Rates 04.07.2019 analysis

After US President Donald Trump openly stated that any signed trade agreement with China should be in favor of the United States, China in response said that to sign the agreement, all existing additional trade tariffs on the part of the US should be canceled. Recall, the leaders of the two countries last weekend agreed to resume trade negotiations, which were stopped in May after US officials accused China of violating previous commitments in accordance with the preliminary text of the agreement, which, according to negotiators, was almost completed. Now, trade groups from both countries are in contact, spokesman for the Ministry of Commerce of China, Gao Feng, said at a press briefing. To resume negotiations, US President Donald Trump agreed to postpone the introduction of additional tariffs on imports from China in the amount of about $300 billion and ease restrictions on Chinese technology giant Huawei. Currently, in the United States, there are increased tariffs of 25% for Chinese goods worth $250 billion.

China welcomed the decision of the United States not to introduce new tariffs, Gao said when asked how long the truce could last. However, talking about signing an agreement in the short term does not make sense. The parties put each other unrealistic conditions. Full cancellation of existing tariffs in the United States requires China, Trump will sign an agreement only if it is in favor of the United States.

Irina Maksimova,
Analytical expert of InstaSpot
© 2007-2024
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Không thể nói chuyện ngay bây giờ?
Đặt câu hỏi của bạn trong phần trò chuyện.