US Pres. Trump: 'I am the chosen one' to take on China

Eren Sengezer FXStreet

Speaking to reporters earlier in the hour, US President Donald Trump said that his life would be easier if he was not in a trade war with China but added that he was 'the chosen one' to fix the trade imbalance, per Reuters.

Trump also said that the US will probably end up making a trade deal with China.

These comments had little to no impact on market sentiment. As of writing, the 10-year US Treasury bond yield was up 1.2% on the day and the three main indexes of Wall Street were all adding around 1%.

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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