Trump TradeDeal With ChinaSparks Higher U.S. Stock, OilPrices By Jim Owen A stock market surge, along with rising oil prices, has resulted from a renegotiation of the U.S.-China trade agreement. The countries’ presidents, Donald Trump, and Xi Jinping, discussed the deal during a dinner meeting at the recent G-20 summit in Buenos Aires, Argentina. They agreed to suspend trade tariffs for at […]
One of the most-covered issues currently in the news is on the heavy tariffs that the American government is putting on Chinese products being imported into the country. China has retaliated by placing substantial tariffs on U.S. products. But just what are the implications of these tariffs with regards to how they will affect the economies of both of these economic powerhouses? This article explores the pressing questions about this ongoing trade war between the two nations.