Trade Offer From China Could End Stalemate and Drive Stocks Higher
We finally received some encouraging news on January 18, when news surfaced that China had put together a trade package aimed to please President Donald Trump and eliminate the massive trade imbalance.
At first glance, the proposed deal would see China accelerate its buying of American goods over a six-year timeframe with a combined value of over $1.0 trillion. The framework suggests the trade balance will plummet to even by 2024.
The stock market got excited on the news-but before you jump in, remember that it is only a proposal with no details or guarantees it will work or even be accepted by the White.
Den vollständigen Artikel lesen ...
We finally received some encouraging news on January 18, when news surfaced that China had put together a trade package aimed to please President Donald Trump and eliminate the massive trade imbalance.
At first glance, the proposed deal would see China accelerate its buying of American goods over a six-year timeframe with a combined value of over $1.0 trillion. The framework suggests the trade balance will plummet to even by 2024.
The stock market got excited on the news-but before you jump in, remember that it is only a proposal with no details or guarantees it will work or even be accepted by the White.
Den vollständigen Artikel lesen ...