The comments reflect an approach balanced by the possibility of easing some tariffs, though not eliminating them entirely, as trade negotiations with Beijing have not yet begun.
He described his intended approach to talks with Beijing as “very nice.”
Current U.S. tariffs on Chinese imports reach as high as 145% under Trump’s policy.
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The news of major impact was his reversal on firing Powell. Its sent equity index futures and the US dollar higher.
Trump said had no intention of firing Fed Chair Powell (he did). Major reversal from TrumpTrump backing away from tariffs, backing away from firing Powell - will it last?Trump says he has no plans to Fire Federal Reserve Chair PowellTrump says he is going to be very nice to China, they have to make a deal This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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