Bloomberg reported that the US and China are close to an agreement on the specifics of tariff relief before they are set to rise on December 15.
Bloomberg reported that a trade deal between the US and China is inching closer, and set to be completed before tariffs rise on December 15. The two sides are close to agreeing the amount of tariffs to be rolled back in the"phase one deal," Bloomberg said, citing people familiar with the matter. Stocks pushed higher at 9:30 a.m. in London with US futures underlying the Nasdaq and S&P 500 rising 0.5%. View Business Insider's homepage for more stories.
Bloomberg reported that a trade deal between the US and China is inching closer, and set to be completed before tariffs rise on December 15. The two sides are close to agreeing the amount of tariffs to be rolled back in the"phase one deal," Bloomberg said, citing people familiar with the matter. Stocks pushed higher at 9:30 a.m. in London with US futures underlying the Nasdaq and S&P 500 rising 0.5%. View Business Insider's homepage for more stories.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. and China move closer to phase-one trade deal: BloombergThe United States and China are moving closer to agreeing on the amount of tarif...
Read more »
Trump comments, Uighur bill hurt prospects of U.S.-China dealPresident Donald Trump's comments that a trade deal with China might have to wait until late 2020 raised fresh doubts on when the dispute might end, while a U.S. House bill targeting camps for Muslims in Xinjiang drew Beijing's ire
Read more »
Trump says China trade deal may have to wait amid sticking points in talksPresident Donald Trump said on Tuesday a trade deal with China might have to wait until after the U.S. presidential election in November 2020, denting hopes that the two largest economies would soon reach an initial deal to ease their damaging trade war. "I have no deadline, no," Trump told
Read more »
China Retaliates Against Trump Signing Hong Kong Bill, Causing Markets To DropDays after President Trump signed into law a bill supporting pro-democracy protests in Hong Kong, China hit back with limits on the U.S. Navy and critical nonprofit organizations—causing markets to drop by skleb1234
Read more »
Global Stocks Drop After Trump Signals Further Delays to China DealStocks fell Tuesday after President Trump signaled that he might be willing to wait to strike a trade deal with China until after the U.S. elections next year.
Read more »