WH Eco Adviser Hassett: Hopeful for progress with China on trade

• Hopeful for progress with China on trade.
• We are very close to making progress with China.
• Have hard offers from more than 20 countries.
• Trump doesn’t support a tax increase on the wealthy.

There’s been lots of de-escalating comments in the recent days with China and we even got the news of the US reaching to China for tariff talks (even though we haven’t got any official statement). It’s clear that they can’t go on with this trade war for too long as the economic damage would be big for both of them.

This article was written by Giuseppe Dellamotta at www.forexlive.com.