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Tuesday, May 28, 2019

No trade deal between US and China in G20 summit in June 2019.

https://www.scmp.com/news/china/diplomacy/article/3011955/donald-trump-says-us-isnt-ready-china-trade-deal-and-they

Trump has just indicated that the US is not ready to make a deal with China and the US tariffs on China goods will increase substantially.

The US economy must suffer quite a lot first before the US will renegotiate with China again.  It will take some time for the bad US economic numbers to surface.  We just need to be patient.

2 comments:

Unknown said...

Best BTFD moments coming up! LOL!

Eric Ho said...

https://sg.finance.yahoo.com/news/ex-china-central-bank-chief-020931816.html

This ex-China central bank chief has the same conclusion as us.