The American markets are not that bully for the possibilities but China who released a statement last week did so again on Tuesday.
They claim President Xi had a successful meeting with President Trump and they were confident of the implementation from the talks. Maybe the markets listen to Fox News’ Shep Smith too much and his apocalyptic “end of the world,” doom and gloom coverage.
Have you never noticed that? Smith loves when the markets go down; it satisfies him.
…..China had agreed to start “immediately” buying U.S. products.” @business
— Donald J. Trump (@realDonaldTrump) December 5, 2018
A reporter asked: We know that the Chinese economic and trade team has returned to Beijing. What is your comment on this meeting?
A: The meeting was very successful and we have confidence in the implementation.
Q: How is China prepared to promote the next economic and trade consultation?
A: The economic and trade teams of the two sides will actively promote the consultation work within 90 days in accordance with a clear timetable and road map.
Q: What are the priorities for China?
A: China will start from implementing specific issues that have reached consensus, and the sooner the better.
Source: Chines Ministry of Commerce
China has been a real headache for Trump before the campaign and now. He has always thought that they are taking too many American jobs. China is not stupid, and I know they realize this. That said if Trump can pull this one off he has accomplished one of the biggest feats ever. And if anyone can Trump is the man to do just that.
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