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Trade Deal

Equities markets are in good health heading into the New Year as the latest reports continue to foster an optimistic outlook for US/China trade negotiations. Speaking just ahead of the Christmas holidays last week, President Trump said that he and Chinese premier Xi would meet in person to sign the “phase one” trade agreement confirmed this month. Legal teams from both sides are currently reviewing the details of the agreement. It is due to be signed imminently.

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China Postive Over Health of Talks

Speaking over the weekend, China’s ambassador to the United States, Cui Tiankai helped keep optimism alive. He said that China intends to honor its commitment regarding the trade deal. Speaking during a televised interview Tiankai said:

“As far as we are concerned, we always honor our commitment. We will always implement what we promised. There is no problem about that.”

Tiankai said that officials from both si...

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