An official for the Trump administration has recently shared the latest developments on trade relations with China. Key quotes (via Reuters) Trump has directed Lighthizer to consider increasing the tariff rate on $200 billion of Chinese goods to 25 pct from 10 pct. Public comment period on potential new tariff rate extended until Sept. 5. Communication with China remains open to try to resolve trade differences. Trump remains open to further “Conversations” with China. Officials are in contact with Chinese counterparts to determine whether conditions are right to hold negotiations. It is important that countries do not devalue their currencies for trade advantage. Possible tariff rate increase is not due to any specific action by China. Possible tariff rate increase part of efforts to consider different options to “encourage” China to change behavior. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Wall Street closes mixed as renewed trade concerns offset rebound in tech FX Street 5 years An official for the Trump administration has recently shared the latest developments on trade relations with China. Key quotes (via Reuters) Trump has directed Lighthizer to consider increasing the tariff rate on $200 billion of Chinese goods to 25 pct from 10 pct. Public comment period on potential new tariff rate extended until Sept. 5. Communication with China remains open to try to resolve trade differences. Trump remains open to further "Conversations" with China. Officials are in contact with Chinese counterparts to determine whether conditions are right to hold negotiations. It is important that countries do not devalue their currencies… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
