G20: Market Relief, Eyes Now on Central Banks’ Execution

Tuesday 09 July 2019

Expert Talk

G20: Market Relief, Eyes Now on Central Banks' Execution

In our opinion, we should dismiss the idea that talks could breakdown, albeit uncertainties remain. On one side, in order to reach an agreement China wants the U.S. to remove all extra tariffs, set targets for Chinese purchases of goods in line with real demand, and ensure that the text of the deal is “balanced” to ensure the “dignity” of both nations.

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