12/4/2018, 3:46 PM (Source: TeleTrader)
more TeleTrader news

Trade talks to end in 90 days, 'unless extended' - Trump

United States President Donald Trump said on Tuesday that trade negotiations between Washington and Beijing would end in less than 90 days, "unless extended."

"The negotiations with China have already started. Unless extended, they will end 90 days from the date of our wonderful and very warm dinner with President Xi in Argentina. Bob Lighthizer will be working closely with Steve Mnuchin, Larry Kudlow, Wilbur Ross and Peter Navarro on seeing whether or not a REAL deal with China is actually possible. If it is, we will get it done. China is supposed to start buying Agricultural product and more immediately. President Xi and I want this deal to happen, and it probably will...." the president tweeted.

Yesterday, Larry Kudlow said that China would "immediately" implement concessions it committed to on a number of key issues. Meanwhile, Secretary of Commerce Wilbur Ross stated Trump got a "very good assurance" from his Chinese counterpart Xi Jinping on trade during their meeting in Argentina.

Breaking the News / BM