The Wall Street Journal (WSJ) reports the weekend’s comments by the US President Trump’s top Economic Adviser Kudlow and Treasury Secretary Mnuchin, as they clarified on Trump’s Friday’s tweet, ordering ordered US companies to look for alternatives to China after China said it would add more tariffs to US imports. Kudlow said that Trump has no intent to invoke emergency powers and force companies to relocate operations from China. Mnuchin noted that Trump wants US firms to start looking beyond China while adding that US President’s reference to the Fed Chair Powell as enemy not ‘literal’. China’s President Xi has become an enemy on trade issues, Mnuchin said. The softer tones by the US officials on the trade issue combined with the Chinese Vice-Premier Liu’s conciliatory remarks will likely help ease some nerves in Asia, as the risk-off trades appear to have eased off a bit. 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 Binance unveils new details on the recent hack attack FX Street 4 years The Wall Street Journal (WSJ) reports the weekend's comments by the US President Trump's top Economic Adviser Kudlow and Treasury Secretary Mnuchin, as they clarified on Trump's Friday's tweet, ordering ordered US companies to look for alternatives to China after China said it would add more tariffs to US imports. Kudlow said that Trump has no intent to invoke emergency powers and force companies to relocate operations from China. Mnuchin noted that Trump wants US firms to start looking beyond China while adding that US President's reference to the Fed Chair Powell as enemy not 'literal'. China's President Xi… 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.
