- Both sides will move reciprocal/retaliatory tariffs down by 115%
- Both sides very committed to 90-day pause period (Greer)
- An effective trade embargo was not sustainable practice for both sides (Greer)
- Throughout the trade process, we have had a plan in place
- And now, we have a mechanism for continued talks
- The consensus this weekend is that neither side wants a decoupling
- We do want more balanced trade, would like to see China open to more US goods
- As negotiations move forward, think there is a possibility to see purchase agreements
- Look forward to very good discussions now that there is the mechanism in place for talks
This article was written by Justin Low at www.forexlive.com.
