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U.S and China Agree to Cut Tariffs

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Manage episode 482512512 series 2579897
Content provided by Laila Maijet. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laila Maijet or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The United States and China agreed Monday to slash their massive recent tariffs, restarting stalled trade between the world’s two biggest economies and setting off a rally in global financial markets. The de-escalation in President Donald Trump’s trade wars did nothing to resolve underlying differences between Beijing and Washington. The deal lasts 90 days, creating time for U.S. and Chinese negotiators to reach a more substantive agreement. But the pause also leaves tariffs higher than before Trump started ramping them up last month. Dr Mbuyiseni Ndlozi is joined by Chief Investment Officer, First Avenue Investment Management Hlelo Giyose.

See omnystudio.com/listener for privacy information.

  continue reading

358 episodes

Artwork
iconShare
 
Manage episode 482512512 series 2579897
Content provided by Laila Maijet. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laila Maijet or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The United States and China agreed Monday to slash their massive recent tariffs, restarting stalled trade between the world’s two biggest economies and setting off a rally in global financial markets. The de-escalation in President Donald Trump’s trade wars did nothing to resolve underlying differences between Beijing and Washington. The deal lasts 90 days, creating time for U.S. and Chinese negotiators to reach a more substantive agreement. But the pause also leaves tariffs higher than before Trump started ramping them up last month. Dr Mbuyiseni Ndlozi is joined by Chief Investment Officer, First Avenue Investment Management Hlelo Giyose.

See omnystudio.com/listener for privacy information.

  continue reading

358 episodes

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