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Wednesday, 09/11/2019 6:24:40 AM

Wednesday, September 11, 2019 6:24:40 AM

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Stocks jump as China calms trade war.

China has taken steps to de-escalate the trade war with America, by removing tariffs from 16 types of US goods.

Beijing’s State Council announced that the items, including some chemicals, anti-cancer drugs and lubricant oils, will be exempt from its latest tariffs for a year.

However, some major US products such as soybeans were not included on the list, meaning Chinese importers must still pay a tariff.

Neil Wilson of Markets.com says China’s move has raised hopes of a breakthrough when officials meet in Washington next month.

At the very least it suggests a willingness to engage seriously in these talks. Nevertheless I think we remain a long way and even a presidential election away from a deal.

On this note, economics professor Barry Eichengreen argues that America’s central bankers must warn that the trade war is hurting the US economy.”


End quote. —Guardian News
https://www.theguardian.com/business/live/2019/sep/11/sovereign-bond-yields-trade-war-brexit-annuities-ecb-business-live?CMP=Share_iOSApp_Other

YANGLIN IS WRANGLING FORWARD WITH EXACTING CERTAINTY OF PROGRESSING PROSPERITY!
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