U.S. Commerce Secretary Wilbur Ross said Sunday that licenses for American firms to sell to Chinese telecommunications giant Huawei will be granted "very shortly."
Stocks on Wall Street jumped last Friday, with the S&P 500 reaching yet another fresh record close. The Nasdaq Composite also hit an all-time high.rose 0.65% higher in the morning, with almost all sectors in positive territory. Investors will watch for the release of September retail sales data, expected to be out around 8:30 a.m. HK/SIN.Meanwhile, investors will watch for developments on the U.S.-China trade front amid recent positive developments. U.S.
Nobody had seen the trade deal at all! Could be nothing more then what they had before trump slapped tariffs on China yet tariffs stay for that last 6 months
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Commerce Secretary Wilbur Ross says licenses for US companies to sell to Huawei coming 'very shortly'The fact that no licenses have been approved yet has raised some speculation that the White House was withholding them as leverage in China trade negotiations. and here I thought they said Huawei was a security risk Barrdog, trump's attourney ! Good deal. We need those cheap underwhelming phones
Source: CNBC - 🏆 12. / 72 Read more »
US-China trade deal in sight after progress in high-level talksThe Chinese Commerce Ministry on Friday said the world's two largest economies had reached 'consensus on principles' during a 'serious and constructive' telephone call between their main trade negotiators.
Source: trtworld - 🏆 101. / 63 Read more »
Southeast Asian leaders meet under U.S.-China trade war cloudSoutheast Asian countries must stick together in the face of a trade war started... Trade war is won & deal being signed in Iowa tho
Source: Reuters - 🏆 2. / 97 Read more »
U.S. looking at new ISIS leader and role in organization: U.S. officialThe United States is researching the new leader of the Islamic State to determin... Well the UN made Tony Blair a “ Peace envoy “ lol Trump will send the Navy Seal dog to visit him Is it just me, or does he look like he ran out of 'Just For Men' ... 🤔
Source: Reuters - 🏆 2. / 97 Read more »
The outcome of the US, China trade negotiations will make or break these stocks into year-endAfter nearly two years of tit-for-tat tariff threats in the U.S.-China trade spat, the market is still not out of the woods even with the so-called 'phase one' deal close to being finalized. Better make a trade deal with india, brazil or vietnam, with whom we share common values ! I’m exhausted just watching these world leader play Trump. At this point, they know he’s corrupt and he’s desperate to claim a blank piece of paper as a perfect and tremendous deal. So why does the media keep propping up his privileged mediocrity? Prediction: The great deal maker will fall on his face. He has talked about how China was really eager to make a deal for many months. If a deal is made it will not be advantageous to the US. It will be a deal to save face.
Source: CNBC - 🏆 12. / 72 Read more »
Thousands of companies are asking for tariff exclusions even as US and China push to sign trade dealThe overwhelming majority these requests, about 28,000, are under review as of Nov. 1. About 4,900 requests have been granted, while about 10,970 have been denied. especially PekingCook ? There is no trade deal.
Source: CNBC - 🏆 12. / 72 Read more »