China’s Vice Premier to Dine with Trump Hours Before Tariff Deadline

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

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza