Trump tweet saying US is ‘very close..

CrisisInvesting

S&P 500 hits record as stocks surge on Trump tweet saying US is ‘very close’ to a deal with China
PUBLISHED THU, DEC 12 20192:35 AM ESTUPDATED MOMENTS AGO

CrisisInvesting

The US offered this week to remove a portion of punitive tariffs against China, according to the Wall Street Journal.
Negotiators also said they could suspend plans to extend tariffs to all remaining Chinese imports Sunday.
"Getting VERY close to a BIG DEAL with China," Trump wrote on Twitter early Thursday. "They want it, and so do we!"
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The US reportedly offered this week to remove a portion of punitive tariffs against China, raising hopes for progress in a more than yearlong trade dispute that has rattled the two largest economies.
The Wall Street Journal reported Thursday that the Trump administration could lift as many as half of the $360 billion worth of the duties it levied on Chinese products early 2018. Negotiators also offered to suspend plans to extend tariffs to all remaining Chinese imports Sunday, unnamed people briefed on the matter told the Journal.

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