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 China announces it seeks 'calm' end to trade war, as markets tank and currency hits 11-year flatline

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RR Phantom

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China announces it seeks 'calm' end to trade war, as markets tank and currency hits 11-year flatline Vide
PostSubject: China announces it seeks 'calm' end to trade war, as markets tank and currency hits 11-year flatline   China announces it seeks 'calm' end to trade war, as markets tank and currency hits 11-year flatline Icon_minitimeMon Aug 26, 2019 6:35 pm

China signaled Monday it is now seeking a "calm" end to its ongoing trade war with the U.S. and President Trump voiced optimism about a deal, as Asian markets crumbled and China's currency plummeted to an 11-year low following the latest tariffs on $550 billion in Chinese goods announced last Friday by the Trump administration.

China announces it seeks 'calm' end to trade war, as markets tank and currency hits 11-year flatline AP19238053861722

"I think we're going to have a deal," Trump told reporters.

Trump said Monday that officials from China called U.S. officials and expressed interest to "get back to the table,” The Wall Street Journal reported. He called the discussions a “very positive development.”

News of the possible opening in negotiations came shortly after Trump threatened to declare a national emergency that would result in American businesses freezing their relationships with China. Trump's tariff barrage on Friday was a response to China imposing its own retaliatory tariffs on $75 billion in U.S. goods.

https://www.foxnews.com/politics/china-announces-it-seeks-end-to-trade-war-as-markets-tank-and-currency-hits-11-year-flatline?fbclid=IwAR1arCpxqJKopNfp0hv1jIJHvz_echqfDnNWPN_CHEn1REJdA-qPyBBHUx0
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China announces it seeks 'calm' end to trade war, as markets tank and currency hits 11-year flatline

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