Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Trump Says China Called, Wants to Restart Trade Talks: G7 Update

Published 08/26/2019, 03:06 AM
Updated 08/26/2019, 03:45 AM
Trump Says China Called, Wants to Restart Trade Talks: G7 Update

(Bloomberg) -- Group of Seven leaders hold their final day of talks in Biarritz, France, with President Emmanuel Macron pushing for a deal to help tackle forest fires in the Amazon (NASDAQ:AMZN) and Germany’s Angela Merkel set to meet Donald Trump.

Must read:Trump’s Warm Handshakes in Biarritz Mask a Hard-Line ApproachHow Macron Pulled a Fast One on Trump With a Gamble Over Iran

Here’s the latest:

China Wants to Talk Trade (9:01 a.m.)

Trump told reporters that the Chinese government called his team in Washington Sunday in a bid to restart talks on trade. The two countries both raised tariffs last week as their trade war escalated.

"China called last night our trade people and said let’s get back to the table," Trump said. "They understand how life works."

The president said the U.S. would accept the Chinese invitation and return to the negotiations.

Latest comments

He said and the market believes him
China denied the phien call
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.