China’s ‘market condition’ caveat on U.S. ag purchases adds to trade deal doubts
China’s pledge to buy U.S. farm goods based on “market conditions” during the Phase 1 trade deal signing ceremony on Wednesday added to doubts among farmers and commodity traders over Beijing’s lingering tariffs on U.S. exports.
U.S., China tiptoe around holes in new trade agreement
The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world’s two largest economies but leaving a number of sore spots u…
Trump takes time in China deal signing to lament his Fed chair pick, again
A funny thing happened on the way to the U.S.-China trade deal signing: President Donald Trump may have tipped his next pick for head of the Federal Reserve — if he gets the chance.
Dow closes above 29,000 after China and U.S. sign trade truce
The Dow ended above 29,000 for the first time on Wednesday and the S&P 500 also closed at a record high after the United States and China signed a Phase 1 trade agreement and pledged to resolve a tariff dispute that has roiled Wall Street for over a year.
T-Mobile/Sprint urge court for deal approval, states warn of price hikes
A group of U.S. states suing to block T-Mobile US Inc from merging with Sprint Corp on Wednesday told a federal judge that the deal would raise prices for consumers, while the phone companies pushed back and emphasized they would compete aggressively t…
Instant View: Signed U.S.-China trade deal removes one risk factor for markets
U.S. stocks pared early gains but closed at record highs on Wednesday after the United States and China signed a Phase 1 trade deal that ended 18 months of uncertainty and will roll back some tariffs and boost Chinese purchases of U.S. goods and servic…
China’s Liu: China to use trade deal to prove talks working to improve economy – CGTN
Chinese Vice Premier Liu He said China will use the results of the Phase 1 trade deal with the United States to prove that the negotiations are working to improve the economy, Chinese state television reported on Thursday.
Stocks climb new peaks on trade deal, oil slips on demand worries
Key world equity indexes climbed to new records on Wednesday on hopes a U.S.-China trade deal will reduce harmful tensions, but oil prices slid on doubts the pact will spur world growth and boost crude demand.
Dispute settlement in U.S.-China trade deal aims to deter retaliation: official
The U.S.-China Phase 1 trade deal’s dispute settlement and enforcement mechanism will take about 90 days to complete and is designed to deter retaliation against any punitive tariffs imposed, a senior Trump administration official said on Wednesday.
Oil down slightly after U.S.-China trade deal, U.S. product build
Oil prices were down slightly on Wednesday, pressured early by data showing big increases in U.S. refined products but recovered some of the losses later by the signing of a Phase 1 trade deal between Washington and Beijing.
