Little progress in US China trade talks, but 'scrambling to produce an agreement' – FT

Dhwani Mehta FXStreet

The Financial Times (FT) is out with a story now, quoting "people briefed on the negotiations", as saying that there is little progress on the core issues, but “both sides were scrambling to at least produce a "memorandum of understanding" by the end of Friday”.

The “memorandum of understanding” (MOU) is the one that will call on for a Xi - Trump summit meeting next month.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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