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Traders will be hoping for some positive headlines this week around the ongoing US/China trade talks, following the disappointing announcement last week that Trump will not be meeting with Chinese premier Xi Jinping ahead of the March 1st deadline.
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US Officials To Travel To Beijing
US and Chinese officials are scheduled to meet for a further round of talks this week, with two days of meetings beginning on Thursday.
The US delegation, led by US Trade Representative Robert Lighthizer and Treasury Secretary Steve Mnuchin, will travel to Beijing for high stakes talks as the deadline looms large on the horizon.
If the talks fail to produce a result by March 1st, Trump has warned that he is ready to increase tariffs from 10% to 25%, on around $200 billion worth of Chinese goods. He has stated that he could even apply tariffs to the remaining $267 billion of Chinese goods c...
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