US Pres. Trump: We're close to signing a phase one trade deal with China
|While speaking at the Economic Club of New York on Tuesday, US President Donald Trump repeated that they were close to signing the phase one of the trade deal with China. "China is devaluing its currency, is dying to make a trade deal," Trump added. "We will only accept a deal if it is good for the United States and US workers."
These comments had no noticeable impact on market sentiment. As of writing, the Nasdaq Composite was up 0.55% on the day while the S&P 500 and the Dow Jones Industrial Average were adding 0.3% and 0.15% on a daily basis.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.