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Thursday, February 14, 2019

Who is more eager to conclude a trade deal? Trump or Xi?

https://sg.finance.yahoo.com/news/china-reports-january-exports-us-053525759.html

China reports January exports to US fall 2.4 percent from year earlier, imports of American goods sinks 41.2 percent.

The statistics clearly show that Trump will be more eager to conclude a trade deal than Xi as the US cannot wean itself off China goods because its citizens have limited savings.

1 comment:

Unknown said...

Both US & China markets are anticipating a deal. We may get a buy the rumour sell the news type of reaction. But if there's a deal, probably 20+% annual gains this year for the patient investor.