Home » General World News » Trump’s trade tweets not only threatened Asian markets this week but invited China to come save the day with a surprising and unorthodox message of trust

Trump’s trade tweets not only threatened Asian markets this week but invited China to come save the day with a surprising and unorthodox message of trust





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  • China’s reticent Ministry of Commerce (MOFCOM) intervened in declining Asian markets Wednesday, with a surprise message of trust, during the increasingly opaque trade war truce supposedly delivered at the G20 leaders summit in Argentina.
  • That stands in pretty stark contrast to the volley of Tuesday tweets from President Donald Trump that smacked Wall Street and sapped confidence in the US-China trade deal.
  • But just as Asian markets began to retreat due to Trump’s tweets and Beijing’s silence, MOFCOM released an unconventional statement essentially stating its confidence in a trade deal for the first time, saying “the sooner the better.”
  • China commentator Bill Bishop read more >>>

    Source:: BusinessInsider.Com

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