Trump spoke with China’s President today on the phone and the readout from the call from Trump is positive. That’s led to some small ticks in equity markets.
I have just completed an excellent telephone conversation with President Xi, of China. It was a long and thorough call, where many important subjects were discussed, including Trade, Military, the April trip that I will be making to China (which I very much look forward to!), Taiwan, the War between Russia/Ukraine, the current situation with Iran, the purchase of Oil and Gas by China from the United States, the consideration by China of the purchase of additional Agricultural products including lifting the Soybean count to 20 Million Tons for the current season (They have committed to 25 Million Tons for next season!), Airplane engine deliveries, and numerous other subjects, all very positive! The relationship with China, and my personal relationship with President Xi, is an extremely good one, and we both realize how important it is to keep it that way. I believe that there will be many positive results achieved over the next three years of my Presidency having to do with President Xi, and the People’s Republic of China! PRESIDENT DONALD J. TRUMP
Funny how he glows about the one world leader that fought back against tariffs.
In terms of markets, I wonder if the only part of this that matters is “the current situation with Iran”.
If the US was planning strikes, it would need to talk with China first and all the rest of this post is already things that were agreed upon and wouldn’t need these two to ‘check in’. The existence call between the two leaked earlier today so it needed to be addressed and if it was about just Iran, that would be a giveaway.
All those ships don’t seem to be sailing there for posturing around negotiations alone.
This article was written by Adam Button at investinglive.com.