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Saturday, 11 May 2019

US-China trade deal: Donald Trump insists there's no rush to secure deal

Damaging trade war could destabilise the already slowing global economy

Donald Trump has insisted that there is “no rush” to secure a deal with China despite growing business and Wall Street fears that the ratcheting up of US tariffs risks a full-blown trade war between the world’s two economic superpowers.

US shares, which were falling for much of the day, staged a late rally on Friday night after Trump tweeted that trade talks “will continue” after the hiking of tariffs on $200bn of Chinese goods.

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from The Guardian http://bit.ly/2LA0bTF

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