Chloe Tai Blog

G20: US and China 'will impose no new tariffs'

ChloeTai
Publish date: Sun, 02 Dec 2018, 10:33 AM
ChloeTai
0 46
This is my blog.

Chinese state TV says agreement has been reached with the US not to impose any additional trade tariffs after 1 January and talks will go on.

It made the announcement after US President Donald Trump met China's President Xi Jinping for the first time since a trade war erupted this year.

More articles on Chloe Tai Blog
Gamuda - CGS reiterate ADD with a higher TP of RM9.50

Created by ChloeTai | Jul 12, 2024

Gamuda TP of RM9.50.

MahSing Property Group - Also Producing Plastic Ballets

Created by ChloeTai | May 22, 2024

Mah Sing export their plastic products to
More Than 50 Countries
around the world.

RHB Research - Going All Out; Keep BUY

Created by ChloeTai | Apr 29, 2024

RHB Research - Going All Out; Keep BUY. New Target Price RM1.61.

Rakuten Research - Raised Synergy House Target Price to RM1.50

Created by ChloeTai | Apr 25, 2024

Rakuten Research - Raised Synergy House Target Price to RM1.50

Synergy House Berhad - Estimating % Rise in Q1 FY2024 YoY

Created by ChloeTai | Apr 24, 2024

Estimated Q1 FY2024 will increase by 3 folds YoY.

Synergy House - An AI Driven Furniture Exporters via B2C

Created by ChloeTai | Apr 21, 2024

Synergy delivering remarkable QoQ growth since their IPO. The company registered PAT of RM2.62 million, RM6.19 million, RM8.07 million and RM10.27 million. Immediate TP is RM1.48.

Discussions
Be the first to like this. Showing 19 of 19 comments

ChloeTai

US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says.

2018-12-02 12:28

ChloeTai

The White House says this move is now suspended for 90 days but adds, "If at the end of this period of time, the parties are unable to reach an agreement, the 10 percent tariffs will be raised to 25 percent."

2018-12-02 12:29

ChloeTai

U.S. wants an immediate start to talks on Trump's biggest complaints about Chinese trade practices: intellectual property theft, non-tariff barriers and cyber theft.

After 90 days, if there's no progress on structural reform, the U.S. will raise those tariffs to 25%.

2018-12-02 12:37

trulyinvest

Kasi u hapy 90days dulu la. After tat, market crash again. Kikiki

2018-12-02 13:16

value88

There must be some compromises from both sides before Trump agreed to cease fire for the time being. It is a good start.
No one expect the trade war will stop totally and immediately through one meeting. This outcome is considered very good liao.

2018-12-02 13:31

qqq3

What happened to Trump tarifs? why? he scared?

2018-12-02 13:33

qqq3

that bully will still come back and disturb things.....until he is removed.....

2018-12-02 13:34

chinaman

What if truce achieved, open trade back to normal, but our bursa is still dying under Pakatun? wakaka

2018-12-02 13:36

qqq3

March.....Trump will double down.....

Trump has no choice....China card is his only popular card for his supporters.......the racists and the ignorants.....

2018-12-02 13:42

qqq3

as for China...China have to prepare for the worse and hope for the best.....

hopefully , one or two weeks, market can be good......

2018-12-02 13:45

pjseow

Trump thought that he can use the same tactic as Bush senior did to Japan in 1990. Xi is not Jiang or Hu . Japan suffered zero growth for almost 30 years when she had no choice but gave in to the demamd of US.
Both Trump and Xi know this trade war will damage both sides.

2018-12-02 14:01

UnicornP

The boss are the people. If people no happi, they vote u out. So the leaders cannot be too dictatorial in their actions.

2018-12-02 15:42

beso

don't be too excited, markets viewed no new tariffs for 3 mths as expected, no surprise at all.
dt is well known good in nothing but can turn the table up side down anytime, so don't see any upside catalyst for bursa market

2018-12-02 17:25

trulyinvest

Us market orwdi up a lot ahead of tis,news

2018-12-02 19:58

trulyinvest

Us market orwdi up a lot ahead of tis,news

2018-12-02 19:59

qqq3

I hate it when people implies Xi had any thing to do with it.....Xi and China is just an innocent victim.....

2018-12-02 20:06

qqq3

Art of the Deal.....

Trump created the crisis, he pulled back and then becomes People's hero.....woah....so easy one.......no wonder he calls it Art of the Deal.....

very bad role model....As bad as najib's Cash is king........


so what is Art of the Deal?

It is nothing but bullying, may even be described as immoral.....It is very different from Christian values and Confucian values and all the good values that we are used to. It is very different from Rule of Law.

Trump's Art of the Deal is Rule of the Jungle, not rule of law.

So...now , he started the trade war....and he declares truce and becomes hero?

Not so simple......Trump's only popular card for his base is his racist anti China policies....He cannot just give it up....Trump will have to double down later......

2018-12-02 20:07

stockmkt101

The Celestial Dragon mauled the Bald Eagle! Great job for Xi and Team China.

2018-12-02 20:18

qqq3

I am with the dragon.....

2018-12-02 20:20

Post a Comment