WSJ report: U.S. / China "agreement is taking shape"

Ross J Burland FXStreet

The week ended on a positive note on Wall Street with stocks in the green following the Chinese manufacturing and US GDP numbers beating expectations overnight and on the prior session. While there are plenty of hazards in the final stages on trade negotiations still, and indeed, people cited by the WSJ reporting on updates have cautioned that hurdles
remain, investors are optimistic.

The WSJ was picking up that Beijing was offering to lower tariffs and other restrictions on American farm, chemical, auto and other products while Washington was considering removing most, if not all, sanctions levied against Chinese products since last year - "The agreement is taking shape".

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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