U.S President Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended a threatened tariff hike, but officials on both sides said much more work needed to be done before an accord could be agreed.
Politics
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Safe-Havens Underperform on Friday
Heightened hopes of the United States (US) and China reaching a partial trade deal on reports claiming that China will agree to the US’ terms on Yuan valuation in exchange for delayed tariffs provided the inial boost to the market sentiment on Friday.
Trump says U.S.-China trade talks went very well on Thursday
U.S. President Donald Trump said trade talks between U.S. and Chinese officials on Thursday went very well and the two sides had a very, very good negotiation.
Gold eases as dollar firms; U.S and China are set to meet for trade negotiations in Washington on Oct. 10-11
Chinese officials are signaling they’re increasingly reluctant to agree to a broad trade deal pursued by President Donald Trump, ahead of negotiations this week that have raised hopes of a potential truce.
United States and North Korea Set to Meet Again
The United States and North Korea are expected to restart nuclear talks this weekend, with a North Korean delegation landing in Sweden on Thursday. The meetings will be the first significant dialogue since the February summit between U.S. President Donald Trump and North Korean leader Kim Jong Un that did not end in an agreement.
US-China Trade Negotiations in Washington During October 10-11
US-China trade negotiations in Washington during October 10-11. The news report further conveys that China’s Vice Premier Liu He will be representing the delegation from Beijing. The piece also mentions no surprises from the Trump officials.
Army, BSF sound red alert along LoC, IB in J&K against air-intrusion by Pak drones
Taking serious note of Pakistan using Chinese drones to airdrop weapons in Punjab, the Army and Border Security Force (BSF) has sounded an all-out alert along the entire Indo-Pak border and LoC, asking border guarding troops and observation posts to keep a “hawk’s eye” over similar air-intrusions in future.