Chinese Vice Premier Liu He, centre, poses with US Trade Representative Robert Lighthizer, right, and Treasury Secretary Steven Mnuchin, for photos before holding talks at the Xijiao Conference Center in Shanghai Wednesday, July 31, 2019.
As Washington and Beijing work to resolve the escalating trade war, US Trade Representative Robert Lighthizer spoke with Chinese Vice Premier Liu He early Tuesday and has another call planned in two weeks, a USTR official told AFP. The sides were due to hold another round of meetings in Washington in September, but the deterioration in relations in the past two weeks cast doubt on whether the negotiations would take place."As usual, China said they were going to be buying 'big' from our great American Farmers. So far they have not done what they said. Maybe this will be different!" Trump tweeted on Tuesday.
In addition, "certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10 percent."Stocks rose sharply on Wall Street Tuesday after the US government said it would delay new tariffs on certain goods imported from China and remove tariffs on other goods entirely.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S. Stocks Rally on Tariff DelayStocks, bond yields and commodities jumped as news that the U.S. would delay some tariffs against China rekindled hopes for a trade truce among investors. We are watching a failed presidency in real time. He has no idea what he wants or what he is doing. The GOP must bring forward a legitimate candidate for 2020. This president manipulates the stock market every freaking week. when are we going to start paying attention to who is benefiting from these ups and downs? It sure isn't me... Ya yield Luke_Stafford22
Source: WSJ - 🏆 98. / 63 Read more »
Markets Right Now: Tech stocks lead US indexes higherStocks shook off an early stumble and edged higher in early trading on Wall Street led by gains in technology and health care companies. Trumps stock market looks more like an EKG report... EXCELLENT for my 401K but let's see if it will last the whole day. Seems to be a pattern.....
Source: ABC - 🏆 471. / 51 Read more »
U.S. stocks have taken a hammering but here’s why investors should be optimisticEscalating trade war tensions and recession fears have hammered stocks in recent weeks but things may not be as bad as they seem. I genuinely believe you need to trade this market, not own it. My miners and REITs are performing phenomenally through this volatile period.
Source: MarketWatch - 🏆 3. / 97 Read more »
CBS And Viacom Stocks Both Sink As Merger Deal Nears Close – UpdateUPDATED with closing stock prices. Shares of CBS slipped 2% after early gains and Viacom’s dropped 5% Monday as investors reacted to word that the companies were near the finish line in their…
Source: DEADLINE - 🏆 109. / 63 Read more »
European stocks set for higher open despite lingering trade concernsEuropean stocks are set to open higher on Monday following a volatile week for global markets as investors monitor escalations in the U.S.-China trade war.
Source: CNBC - 🏆 12. / 72 Read more »
Global Stocks Jump, Led by China ReboundStocks across the globe rallied, with Chinese markets advancing by the most in over a month, following a roller-coaster week in which U.S.-China trade tensions shook asset prices across the board.
Source: WSJ - 🏆 98. / 63 Read more »