Liu He, China’s vice premier and top trade negotiator, will have dinner with President Donald Trump’s trade team Thursday evening in Washington, just hours before the U.S. will hike tariffs on $200 billion in Chinese goods.
Liu will dine with U.S. Trade Representative Robert Lighthizer and other U.S. officials as the world’s two largest economies try to salvage a trade deal, White House press secretary Sarah Huckabee Sanders said. Liu is not expected to meet with President Donald Trump on Thursday.
Markets will be watching for any clues or updates to leak out of the dinner. U.S. stock futures open at 6 p.m. ET. Stocks declined at the opening bell Thursday morning after Trump said during a Wednesday night campaign rally that China “broke the deal.”
via CNBC
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.
Alfonso Esparza
Latest posts by Alfonso Esparza (see all)
- Market Rally Still Going Low Holiday Volumes Awaiting Start of 2020 - 27 December 2019
- Market Awaits China Retaliation on Trade - 29 November 2019
- Alibaba to Close Order Book Ahead of Huge IPO - 18 November 2019