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10.06.2019 19:54

U.S. president Trump: China is going to make a deal because they have to make a deal

  • U.S. trade deal with China going to work out because of tariffs
  • China is getting absolutely devastated
  • Companies are leaving China and going elsewhere, including to the US
  • "Tariffs are a beautiful thing"
  • We talked about Mexico deal for months but we couldn't get there until the tariffs
  • Mexico took 30% of our automobile companies, they would all move back if we put on tariffs
  • As soon as I put tariffs on the table, it was done
  • China has lost many trillions of dollars on tariffs
  • From my standpoint, tariffs are a "no brainier"
  • Our Fed is very, very disruptive to us
  • The tariffs are putting us at a tremendous advantage
  • China devalues its currency, something has to be done
  • China currency moves nullified tariffs to some extent
  • The Fed raised interest rates far too tightly
  • We got everything we wanted from Mexico
  • If China doesn't come to G20, tariffs will go on immediately; but I think we're scheduled for a meeting
  • We're expecting to meet Xi at G20

Market focus

  • Germany's trade surplus rose slightly in October
  • Swiss unemployment rate remained unchanged in November
  • China says hopes it can reach trade agreement with U.S. as soon as possible
  • Eurozone investor confidence rose sharply in December - Sentix
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