President Donald Trump is pushing hard to strike a trade deal with China in the hope of lifting the stock market ahead of his re-election bid, three sources briefed on talks told CNBC.
The president is increasingly concerned that the lack of a trade agreement could knock down stocks, Bloomberg News reported earlier Wednesday. Trump has taken notice of the market's gains as both sides get closer to a deal, the report added. CNBC learned through sources on Monday that China and the U.S. were in the"final stages" of trade talks that could end this month. Sources also said the two sides are working on a summit at Mar-a-Lago, Trump's Florida resort, to cap off the negotiations.
One of the president's goals in striking a new deal with China is to rein in the U.S. trade deficit, a sticking point of his since he first ran in 2016. The trade deficit keeps growing, however.
do you think she talks that much with her hands on a date ? wow glad it is on mute.
NBC be like, 'see we were kind of right.'
Nothing points to a recession until you are already in one; it’s a lagging economic indicator not a leading on!
You said the same thing last year
But Trump claims we'll continue 3% growth. Wrong!
It’s already surpassed anything you dip shits thought.
'may not'
YiElD cUrVE
Do you really believe half of the 💩 you try and sell?
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Source: CNBC - 🏆 12. / 72 Read more »