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“We are doing very well in our negotiations with China,” US President Donald Trump tweeted out in the last minutes but repeated that a possible trade deal with China will get tougher if China risks waiting to see the outcome of the 2020 election.

“While I am sure they would love to be dealing with a new administration so they could continue their practice of “ripoff USA”($600 B/year),16 months plus is a long time to be haemorrhaging jobs and companies on a long-shot  And then, think what happens to China when I win. The deal would get much tougher! In the meantime, China’s Supply Chain will crumble and businesses, jobs and money will be gone!”

Meanwhile, the 10-year US Treasury bond yield pulled away from daily low and is now losing around 0.4% on the day near 1.5%.