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US President Donald Trump instructed his cabinet to determine whether a trade deal with China was possible. Both countries have been engaged in a trade war for some time.
The press agency Bloomberg reports this Friday morning on the basis of four sources "aware of the case".
Trump wants to reach international highs In Argentina, later this month, Chinese President Xi Jinping could make a proposal to end the trade war. His collaborators are currently investigating the conditions that will appear in a possible agreement
which could eventually put an end to the manual search between the United States and China. Earlier this month, the US president said that the Asians would not be "ready for an agreement".
On Thursday, President Trump said that he "had a long and good conversation" over the phone with Xi Jinping. the negotiations "are going in the right direction". China also said the phone conversation was "positive." Beijing stresses that bilateral trade is beneficial to both parties.
Trade War Between the United States and China Resolved
Earlier this year, Trump unleashed a trade war with the United States China imposes heavy import duties.Tuesday, the US president has threatened to raise import duties on 250 billion dollars (225 billion euros) of Chinese goods. 9659003] At present, import levies imposed by the United States have a total value of about 250 billion dollars (218 billion euros) of Chinese products.
There is currently a 10% import duty. increase to 25% in January. Chinese import duties reached 110 billion US dollars.
The hope of a revolutionary trade war drives the Asian stock markets
The major Asian stock exchanges have closed up after rumors of possible hopes of a breakthrough in the commercial quarrel between the United States and China.
The Japanese Nikkei index closed up 2.6% and rose 22 243.66 points over the weekend. The Hang Seng Hong Kong index posted an intermediate gain of 3.6% and the Shanghai Chinese Stock Exchange gained 2.1%.
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