Home US-China trade talks closely monitored – Rabobank
FXStreet News

US-China trade talks closely monitored – Rabobank

According to Rabobank analysts, the market continues to monitor closely trade talks between the US and China.

Key Quotes

“The Financial Times reported that President Trump has dropped a central demand from trade negotiations with China that it halt alleged instances of commercial cyber theft in order to end a long-running tariff dispute. This implies that Trump wants the deal so badly ahead of the 2020 presidential election that he is prepared to accept a much weaker commitment from Beijing.”

“China firmly denies accusations of cyber theft. More importantly, imposing a strict enforcement mechanism would undermine China’s sovereignty which explains Beijing’s firm resistance to it.”

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.