US Commerce Sec. Ross: Premature to see where either China, US is on trade talks

Eren Sengezer FXStreet

During an interview with CNBC, United States Commerce Secretary Wilbur Ross argued that it is premature to see where either China or the United States is on trade talks and said that there was "no quid pro quo from China," amid the Trump administration's decision to postpone tariffs on some Chinese goods until mid-December, per Reuters.

"The date has not been set for next round of in-person talks in US-China trade talks," Ross added.

Following these comments, the US Dollar Index seems to be edging lower and was last down 0.15% on the day at 97.68.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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