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Trump Says US "Getting Very Close" To Signing Trade Deal With China

Tuesday, February 26, 2019, 7:13 AM

US President Donald Trump said Monday he expects to hold a "signing summit" with China's President Xi Jinping to seal a trade deal, since as discussions are in the "advanced stages." The comments cheered global stock markets, since they confirmed the dispute will not ratchet up immediately, averting an even bigger impact on the global economy.
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Recession signs hard to miss if stock message is taken seriously

Saturday, December 15, 2018, 9:06 PM

Prices bounce around, emotion obscures logic, signals appear and vanish. The reasons for treating equities as a poor barometer for the economy are many. Right now, that might be for the best. Pools of gloom await anyone looking for a message in stocks. There's the $3 trillion in value erased, the bloodbath in banks and the trouncing in transports.
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China's Surplus With US Hits New Record In November

Saturday, December 8, 2018, 5:38 PM

China's trade surplus with US ballooned to a record USD 35.6 billion in November, official data showed Saturday, as exports across the Pacific remained strong despite a raft of US tariffs while imports shrank. Relations between the world's top two economies continue to be tense despite a trade war truce struck between US President Donald Trump and his counterpart President Xi Jinping last week.

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