China trade truce is seen as ‘fragile’ with analysts still seeing more tariffs as a possibility

//China trade truce is seen as ‘fragile’ with analysts still seeing more tariffs as a possibility

The phase one trade deal between the U.S. and China ends some uncertainties for the global economy, but tensions between the U.S. and its trade partners could continue, even with the reprieve. Analysts also expect trade skirmishes to crop up elsewhere, and they expect the Trump administration could have Europe in its sights for its next round of tariffs. Stocks were higher Wednesday, as President Donald Trump signed the trade deal with Chinese officials shortly after noon East Coast time. The market has been boosted by the prospects for trade peace and the end of escalation in the dispute between the two countries, … (full story)

2020-01-16T12:08:39+00:00