Speaking over the weekend on tariffs announced on Chinese imports, US President Donald Trump said that “At some point, I’m going to lower them, because otherwise, you could never do business with them, and they want to do business very much.”
When asked if there will be trade deals this week, he said there ‘could be.”
Additional comments
- Has no plans to speak with Xi this week.
- Talking about other matters with China.
Market reaction
With the return of uncertainty on Trump’s tariffs, the US Dollar is losing ground again versus its major currency rivals, with the US Dollar Index (DXY) down 0.31% on the day at 99.73 as of writing.
