Last night, Donald Trump expressed in his interview that no agreement on current tariffs has been made with China, due to China’s request. He added Chinese are aware that I will not cancel tariffs however, they are willing to do so for some of them.
US president’s talk was contrary to China’s Minister of Commerce which has led to chaos in the market and local prices withdrawal, as with Dow Jones -0.17% and US two-year -bonds -0.65% which indicates the tension in the market.
Trump also declared that agreement with China will be signed with the state of Iowa next month.