Stocks may be bouncing but Trump's tweet wasn't really signaling all-clear on trade

  • 📰 CNBC
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

President Donald Trump says China wants a deal, but Wall Street is not totally convinced there will be one, even though stocks rose on the president's remarks Wednesday.

div > div.group > p:first-child"> Before the market open, Trump tweeted that Chinese Vice Premier Liu He is coming to the U.S. to make a deal. Several hours later, White House spokeswoman Sarah Sanders said there were"indications" the Chinese delegation wants to reach an agreement. Both comments gave a boost to the stock market, which was higher in afternoon trading after starting the day lower.

Keon said the market believed a deal was coming this week, based on comments from U.S. officials, so when Trump first tweeted on the weekend that he could increase tariffs on Chinese goods, it was a surprise. Dan Clifton, head of policy research at Strategas Research, said he believes the main hang up in the talks has been about tariffs and whether they stay in place after a deal.

"I would still say this is very precarious. And you are still getting the U.S. spin on things," said Chandler."I think tomorrow is a wild card." "The economy can handle the escalation to 25%. What we really fear is escalation after that. The rest of the goods would be direct to consumer goods and it would start hitting consumer spending and prices in a much bigger way than the first two rounds," he said.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

washingtonpost nytimes AP realDonaldTrump SenSchumer Jim_Jordan senatemajldr Y did Trump manipulate a publicly traded company in Ohio that makes electric cars called 'WORKHORSE' by falsely saying GM is selling their Lordstown plant 2 them, it caused the stock 2 go up 200%

The world will see

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Fact check: Trump correct in touting historic job market performance'JOBS, JOBS, JOBS! 'Jobs surge in April, unemployment rate falls to the lowest since 1969.'' Trump tweeted. Facts first: The jobs report for April shows a very strong economy, with the unemployment rate at a 50-year low. The guy has done an amazing job. Great time to be an American🇺🇸🇺🇸🇺🇸 Wow...someone at CNN just had a stroke.
Herkunft: CNN - 🏆 4. / 95 Weiterlesen »