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U.S. and China move closer to phase-one trade deal: Bloomberg

Published 12/04/2019, 04:46 AM
Updated 12/04/2019, 04:46 AM
U.S. and China move closer to phase-one trade deal: Bloomberg

(Reuters) - The United States and China are moving closer to agreeing on the amount of tariffs to be rolled back in a phase-one trade deal, Bloomberg reported on Wednesday, citing sources.

U.S. President Donald Trump on Tuesday had said a trade agreement with China might have to wait until after the U.S. presidential election in November 2020, denting hopes of a resolution soon to a dispute that has weighed on the world economy.

Latest comments

Stock market will reach a new record high today, there is still positive news on US, Non firm Employment change so the dollar is expected to rally
they must make a *******betting on the futures markets before releasing ********like this
Again n again...
Xi jinping is original resource of US economy, haha
USA crimes wont finish look at the protesters in hong Kong they thoughts they can stop the dragon lol.
what is this news? do you guys just published any news without source or what?
for algos
Ketchup sauce told peri sauce that china wishes to complete deal this month. Amazingly Bloomberg reports it
Somebody need this article too put oil up , then today EIA will put oil down. The same story ...
Same old trick, but it works so funny
Is bloomberg still care about news validation anymore? Anyone can be sources
The news agency’s sources claimed that U.S. negotiators still expect a deal before Dec. 15, when a new round of tariffs on previously untouched goods from China will come into force. However, they noted that there is still no agreement on how far existing tariffs can or should be rolled back, nor how Chinese purchases of U.S. farm goods can be guaranteed.
NATO is Trump. No action talk only
Bloomberg has confirmed the sources are ketchup and peri peri sauce as overheard during dining at nandos
:)
Who told this and when...This article is the same as the one I saw a month ago.
funny that... and so it will go on up and down up and down and Trump, family and friends will have positions accordingly - it's a licence to print money!
And don't forget Bloomberg.
Adou is the biggest trouble
Please cite who is the source else it may just refer to a ketchup sauce
Hopium again! Fun how the market is living its own life when the macro data is an disaster and reminds us of old recessions. Time will tell when the truth starting to play out.
 Also, the record low Unemployment was 2.5% in May of 1953.  Again, know your facts before commenting please.
 "The Employment Cost Index, a measure of salary and benefit costs, registered a 2.6 percent gain for the full year, tied for the best since 2007. That gives President Donald Trump the best wage gains since the Great Recession, easily topping any during former President Barack Obama’s entire term." CNBC. . Yours are opinions in search of facts. Average weekly earnings for production and nonsupervisory employees are what I'm referring to here. You seem to follow me around like a puppy. Why is that?
   you posit a lot of questions that have obvious answers I suppose.  If you don't like the answer, don't ask.  Sorry if you view my facts as opinions.  They are not and they are also sourced by the US Govt.  If you are going to use a statement like "record high wage growth," perhaps say highest in the past 10 years (which is also not true), but for many of us that have studies economics, we know of much better times than these.  I see a lot of truth bending to your liking which is fine I suppose if that makes you feel validated, but it certainly doesn't strengthen your argument.
Love my president.
Love your president, love Al Capone and ****- each to their own, I suppose!
Only read the news for entertainment
I told you...now it's "hope" time
I am glad that Trump is not necessary for presidency anymore. President “Other sources” is much better, fast precise and deliveries what market is expecting. Vote “other sources” for president in 2020
All over Twitter too, from china
Feed those algos.
Citing sources? What source? Chilli sauce or tomato sauce
What changes in a day? Today, in China, They criticized the U.S. tremendously.
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