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Piet P.H. Christiansen, senior analyst at Commerzbank, points out that the road to a ceasefire to the US-China trade war was dented yesterday, but remains on track to a solution.

Key Quotes

“Senior officials were said to have reported that Trump-Xi may only meet in June and not, as recently reported, April. However, talks are still ongoing and the discussions at this final stage are difficult.”

“Next week, the US’ Lightizer and Mnuchin are travelling to Beijing and similarly, the following week China’s He is going to the US in an attempt to solve the disputes, which are currently said to focus on the intellectual property rights, drug data and patents as well as the enforcement metrics.”