Trade Deal Still On Despite Everything?

  • Recently there has been a lot that looked like it might derail trade talks between the U.S. and China.
  • Yesterday’s vote in the House of Representatives to impose sanctions on Chinese officials over human rights abuses against Muslim minorities and President Donald Trump’s comments that he was happy to wait until after the election to reach an accord all increased the risks of a breakdown in talks.
  • Despite all the noise, both sides are moving closer to the agreement, according to people familiar with the situation, and U.S. negotiators expect a phase one deal to be agreed before the Dec. 15 tariff deadline.

(Source: Bloomberg)