Exactly. However they are saying December is back on the table for tariff hikes, but they are bluffing, Trump wont impose tariffs in December ahead of the Christmas shopping season. We are straight back to a trade war again. Friday was nothing but a magic show of complete fluff and nonsense..... literally nothing was done.
MARKETS China wants another round of talks before signing phase one of the trade deal, source says PUBLISHED 3 HOURS AGOUPDATED AN HOUR AGO Fred Imbert@FOIMBERT KEY POINTS It is not clear whether the additional trade talks would take place in Washington or Beijing, but a Chinese delegation led by Vice Premier Liu He could be sent before month’s end to iron out phase one of the trade deal, a source says. China wants the U.S. to scrap a tariff hike scheduled for December, Bloomberg News reported. At this point, another round of in-person negotiations is “likely,” given the number of variables encompassing phase one of the trade deal, CNBC’s Kayla Tausche reports.
Didn't you hear King Trump say farmers win big as China is buying 80 billion worth of commodities. Wait he said this at the last meeting and the one before that. Maybe China will call back....pffffttttt
So far, China has won on Huawei, now they halt more tariffs set to begin Oct 15. US has received nothing but promises.
I am surprised and wrong. I thought China will be more eager given the food prices there are ramping.
Trump "says" things are going well, but when nobody's looking he "does" the opposite. Just look at the way he deals with North Korea. Always praising the Rocket Boy while imposing new sanctions. Consider Mr Trump as the boy who cried wolf. Too many kool-aid kids in this world.
Trump touts ‘great’ Chinese trade deal that doesn’t actually exist 10/15/19 08:40 AM—UPDATED 10/15/19 10:57 AM By Steve Benen Over the weekend, Donald Trump spoke at the Voters Values Summit, one of the year’s major gatherings of the religious right movement, and the president was eager to tout parts of his record. “We do great things,” the Republican told the social conservative activists. “Look at what we did yesterday with China.” The comments came about 24 hours after Trump told reporters, “So, we just made what, I guess, is one of the biggest deals that’s been made in a long time, with China.” The president went on to say, “f you look at the deal, the deal is so incredible. The deal is a great deal.” http://www.msnbc.com/rachel-maddow-show/trump-touts-great-chinese-trade-deal-doesnt-actually-exist
Too much hype around apple again being a trillion dollar company. They better hope and pray new iphone sales are through the roof because its going to take a huge earnings report to justify a market cap of 1 trillion dollars and a $236 stock price!!!