A Tense Time For Us Trading With China And The Eu
A the wide range of people, organisations and countries involved in trading heaved a huge sigh of relief following the recent announcement that an agreement had been reached in the long-running trade war between the US and China.
While there may not have been the huge boost to the market that some may have been hoping for, it does promise greater stability over the next couple of years, not to mention more harmonious relations between the two countries with the world’s biggest economies.
The US seems to have been the big winner in the deal, surely good news for President Trump in the year he’s up for re-election. In its simplest terms, China has agreed to buy an extra $200 billion worth of goods and services from the US over the next two years, above the $185 billion value of its...