Early Thursday morning in Asia, US Trade Representative (USTR) Robert Lighthizer appeared for an interview with Reuters. The diplomat reiterated his dislike for China while urging US President-elect Joe Biden to not ease China tariffs. Key quotes President-elect Biden should insist China keep implementing phase 1 trade deal, use dispute system to resolve conflicts. If Biden administration eases China tariffs, will show u.s. ‘not serious’ about treating Beijing as strategic adversary. China phase 1 trade deal implementation “reasonably good” in some parts, not good in others. FX implications Given the market’s current attention towards US coronavirus (COVID-19) stimulus talks, US-China tussles get a less audience. As a result, the news is widely ignored. Although, AUD/USD fades the upside momentum below 0.7600 while eyeing the Australian employment data. 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 GBP/USD climbs back to 1.3500 as focus returns to Brexit FX Street 2 years Early Thursday morning in Asia, US Trade Representative (USTR) Robert Lighthizer appeared for an interview with Reuters. The diplomat reiterated his dislike for China while urging US President-elect Joe Biden to not ease China tariffs. Key quotes President-elect Biden should insist China keep implementing phase 1 trade deal, use dispute system to resolve conflicts. If Biden administration eases China tariffs, will show u.s. 'not serious' about treating Beijing as strategic adversary. China phase 1 trade deal implementation "reasonably good" in some parts, not good in others. FX implications Given the market's current attention towards US coronavirus (COVID-19) stimulus talks, US-China… 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.
