Reported 1 day ago
President Trump stated on Air Force One that a new trade agreement with China could be possible, amidst ongoing tensions and existing tariffs. Despite commending President Xi Jinping and noting a competitive relationship, Trump highlighted the challenges, including a recent 10% tariff on Chinese imports aimed at addressing unfair trade practices. His remarks seemed to positively influence market sentiment, with the yuan and Chinese stocks rebounding slightly.
Source: YAHOO