• Columns / Blogs

NFIB Weekly News

NFIB Weekly News Business Climate

Administration Seeks To Calm China Trade War Fears. (04/10/2018)

As part of a series of tweets, USA Today (4/8, Jackson) reported the President “vowed friendship” with Chinese President Xi Jinping “despite their trade differences,” as he and his top aides “sought to tamp down market fears of a trade war” between the two countries. The President tweeted, “President Xi and I will always be friends, no matter what happens with our dispute on trade.” He also predicted, “China will take down its Trade Barriers because it is the right thing to do. Taxes will become Reciprocal & a deal will be made on Intellectual Property. Great future for both countries!” Bloomberg News (4/8, Krasny, Chandra) said Trump “predicted China will be first to buckle” after “a week of rising tensions on trade,” but the AP (4/8, Lemire) said he “did not explain why, amid a week of economic saber-rattling between the two countries that shook global markets, he felt confident a deal could be made.”

These articles and resources are provided by Small Business Resources and do not necessarily reflect the views and opinions of People's United Bank. They are for general information only and are not intended to provide specific advice or recommendations for any individual or business. Please consult your attorney, accountant, or financial or other advisor with regard to your individual situation.

Any links to third party websites are provided for your convenience. These sites are not within our control and may not have the same privacy, security or accessibility standards as People's United Bank. These third parties are solely responsible for the content provided and the availability of their sites.

Copyright © 2005-2019 Small Business Resources.