Risks aside, Trump's team sees China trade stance as strength in 2020

Credit: Reuters India- Published on July 11, 2019
As trade talks resume between China and the United States, President Donald Trump's advisers are confident he can portray his stance against Beijing as a strength in the 2020 election, despite making concessions and having no deal in sight.

Credit: Wochit News
Published on July 12, 2019 -  00:32
US Stocks Climbing As Traders Bet On Rate-cut Hopes
Stocks climbed on Friday as the growing prospect of a cut to US interest rates this month outweighed renewed tensions in the US-China trade war, an unexpected contraction in Singapore, and uninspiring Chinese trade data. Federal Reserve Chair Jerome Powell told Congress that the central bank is largely in agreement that "more accommodative monetary policy may be appropriate." However, Trump accused China of "letting us down" by not purchasing US agricultural products as promised.

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