US-China Trade Deal to be Finalized in May?

According to a news report on Bloomberg, US and China could officially announce and sign their trade deal as soon as sometime in May. Chinese Vice Premier Liu He is set to visit Washington in the coming week to continue with negotiations, while unnamed sources have said that US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin could travel to Beijing by the end of April as the trade talks progress.

The nine-month trade war between two of the world’s largest economies appears to be nearing its end, even as Mnuchin has confirmed that both sides have arrived close to the final rounds of negotiations on their deal. Discussions are still underway about what tariffs could continue and what could be removed, as well as how to enforce the terms of the trade deal once it is finalized.

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Arslan Butt

Index & Commodity Analyst

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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