[ad_1]
Getty Images
President Donald Trump said Tuesday that a trade deal with China could soon be reached, as it downplayed the need to exploit the US strategic oil reserve after the weekend's attack against the United States. Saudi oil installations.
CHINA DEAL
Speak to journalists On board the Air Force One, Trump said that there could be an agreement with China "maybe soon" and that it could be concluded before or a day after the elections of 2020.
As he has already done, he relied on Beijing to reach an agreement with him before the elections, saying the conditions would be better. "If it's after the elections, it's going to be the toughest deal ever from China's point of view, and they know it," Trump said.
SPR
Trump, California for fundraisers, also told reporters that he did not see the need to use the SPR to stabilize oil prices.
"I do not think I need it, but if we wanted to use strategic oil reserves, I would open them," he said.
The Saudi energy prince, Prince Abdulaziz bin Salman, said his country's oil production would be fully restored by the end of the month. October West Texas Intermediate
CLV19, -6.50%
oil dropped 5.7% on Tuesday after climbing nearly 15% on Monday. November Brent
BRNX19, -0.64%
traded down 6.5%.
Now read: Here are the 3 key moments when the United States drew on its huge emergency oil reserves.
Trump was scheduled to speak in Portola Valley, California, at the residence of former Sun Microsystems Inc. CEO Scott McNealy, for a $ 3 million profit lunch before heading to Beverly Hills for a function similar.
See: Trump and Obama are both going to Silicon Valley this week.
LEWANDOWSKI
Trump on Twitter thanked his former campaign manager, Corey Lewandowski, for what he called a good opening statement during the House's first impeachment hearings. The Democrats complained at a hearing of the Judiciary Committee that Lewandowski was giving no answer to their questions.
The hearing took place after the White House sent President Jerrold Nadler a letter Monday saying that Lewandowski could not discuss his conversations with Trump beyond what had been made public by the former lawyer's report. special Robert Mueller.
Look also: Lewandowski accuses the Democrats of "petty and personal politics" during a contentious hearing in the House.
Sign up for Trump Today and other MarketWatch newsletters.
[ad_2]
Source link