Trump says any China trade deal would need to be somewhat tilted in U.S. favor

WASHINGTON (Reuters) – President Donald Trump said on Monday that trade talks with China were under way and any deal would need to be somewhat tilted in favor of the United States.

Trump and Chinese President Xi Jinping agreed in a meeting on Saturday at a Group of 20 summit in Japan to restart trade talks after the last major round of negotiations collapsed in May.

Trump told reporters on Monday that U.S. and Chinese negotiators were “speaking very much on phone but they are also meeting. It essentially has already begun.” Read more @ https://www.reuters.com/article/us-usa-trade-china-trump/trump-says-any-china-trade-deal-would-need-to-be-somewhat-tilted-in-u-s-favor-idUSKCN1TW3VG?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29

TECHNICAL CHART OF PSEI

PESO TECHNICAL CHART AGAINST USD.

We believe the Peso will continue its strength but we do hope it will not be too strong for a moment till the country builds its infra-structure. Exports will be affected and likewise with tourism. Strengthening of the Peso is because of FED reserve intention not to raise rates but to cut.

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