Industry News

Trump shows not interested in re-negotiate new deal with China

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Update time : 2020-05-13 22:14:08
According to the worsening relationship between China and the US recently due to the COVID-19 epidemic, the market was now focusing on whether the trade agreement made by last year would be influenced or not.

Some of the market participants mentioned that China might not follow the agreement, to force the US government to back to the negotiation table for a new trade agreement, more beneficial to China, to be made.

However, the way seemed not to work to Donald Trump, he mentioned on May 11th in the white house that he was not interested in re-make a new agreement with China, and he also asked China to followed the agreement, as the US already been taken advantage by China for a few decades.

After that, the Chinese government also responded that China was willing to follow the trade agreement with the US, to create a better future.

This year, the US would hold a president-election in November, and which might be a very key factor for the future relationship between the US and China.
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