January 16th, 2020, 3:28 PM
Well, that certainly didn't take long. With the ink barely dry on the Part 1 trade agreement between the United States and China, the European Union said that the deal could violate the rules of the World Trade Organization. EU Trade Commissioner Phil Hogan said his team will scrutinize whether China’s pledge to increase purchases […]
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January 15th, 2020, 4:48 PM
The United States and China signed a Part 1 trade deal today that contained little in the way of positive surprises and an expected lack of detail. As analysts and economists struggled to fill in the blanks, much of the deeper dive wound up stressing the negatives in the deal. For example, although China pledged […]
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January 14th, 2020, 4:59 PM
Wednesday is still likely to bring the signing of a Part 1 agreement in the U.S.-China trade war. But the public document is likely to have even fewer details than expected recently and to leave existing tariffs in place until after the Presidential election in November. In December the United States agreed to postpone a […]
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January 12th, 2020, 4:55 PM
... January 15. It will come right after January 14 and right before January 16. And by the end of the day we'll know whether the United States and China have signed a Part 1 agreement that ends some elements in the trade war between the two countries as President Donald Trump has been promising […]
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January 6th, 2020, 1:59 PM
It's not exactly a confirmation of President Donald Trump's announcement that the Part 1 trade deal would be signed between the United States and China at the White House on January 15. But China has scheduled a high-level trade delegation for travel to Washington from January 13 through 15. And the delegation will include China's […]
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January 3rd, 2020, 4:50 PM
Yesterday the private Markit/Caixin Purchasing Managers Index showed that China's manufacturing sector expanded in December. The 51.5 reading put the sector into expansion territory (anything above 50 marks an expansion) but was slightly below the 51.7 level forecast by economists. The Markit/Caixin index was at 51.8 in November. On Tuesday, the government released the official […]
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