China’s economy is sinking, and President Xi need’s a resolution to the trade war, yesterday, with the US. However he won’t, and isn’t willing to give in to Trump’s demands, as he cannot appear to give Trump the upper hand. Instead XI is offering Trump a bogus, useless proposition that has absolutely no Merit. A offer to reduce the US trade deficit to zero over 6 years. It has no substance, no backbone, no meaning. Trump would be much better maintaining the current course with China than accept this pathetic offer. There is no assurance that China would fulfill this deal, and it is very unlikely that they have an intention to do so. China has a target called “Made in China 2025” whereby the Chinese government has a directive to manufacture advanced technological products, to transition from a basic goods economy to one of a more advanced nature. This current trade proposal by China, is just a pretend fix, with no sustainable tangible benefit for the US, just a mirrored play to get to China 2025. Trump would be insane to have pushed China to the wall, and yet settle with such a whimsical deal. It appears that the market is buying the nonsense China is throwing at it, which will ultimately be rejected by Trump. It appears that Trump would be best to stay the course on tariffs with China. Made in China 2025 will impact the likes of US chip makers and Semiconductors alike, so Trump must maintain a strong stance against China.
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As per stock market news, the most affected country is Australia as most of its exporters are from the US and the Australian stock markets have seen great fluctuation from the time trade war has begun. The US-China Trade war has not benefited anyone and any country and surely it will not benefit in the future as well. From the global economy to Stocks markets it hasn’t spared anyone. None sector has left unaffected whether you consider lithium stocks, gold stocks, mining stocks, major real estate stocks, etc. But now I think things will change as we see a positive movement in recent days. Some latest articles have also published about the news that soon a decision will be taken for the US-China Trade war and so I hope the US Stock Market will keep a stable graph in the coming days as well.
As per the latest news which I came across recently, I heard about a decision that will be taken soon too soon over the US-China Trade war and so as the results the stock markets went up and closed at the green which is a good signal for coming times. The US-China Trade war has not benefited anyone and any country and surely it will not benefit in the future as well. From the global economy to Stocks markets it hasn’t spared anyone. None sector has left unaffected whether you consider lithium stocks, gold stocks, mining stocks, major real estate stocks, etc. But now I think things will change as we see a positive movement in recent days.