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'Eleventh hour' US-China trade deal could happen before tariffs kick in Sunday, analysts say CNBCU.S. and Chinese Trade Negotiators Planning for Delay of December Tariffs The Wall Street JournalTrade has put markets in a chokehold CNNWhy Trump's Short-Term Pain for Long-Term Gain Policy on China Is Worth It Townhall
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Developing world stocks inched up on
Wednesday, while currencies trod water ahead of the conclusion
of a U.S. Federal Reserve policy meeting, with uncertainty over
the Sino-U.S. trade war adding to the cautious mood.
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Investors are looking rattled on Tuesday as that U.S.-China trade deadline nears. Our call of the day from hedge fund manager Kyle Bass, says: "Don't bet against the U.S.A."
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U.S. President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion in Chinese consumer goods just weeks before Christmas, a move that could be unwelcome in both the United States and China.
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Predicting President Trump's next move in the U.S.-China trade war is a difficult task, CNBC's Jim Cramer said. But investors can use that uncertainty to their advantage, the "Mad Money" host says.
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U.S. stocks ended slightly lower for a second day on Tuesday, after erasing earlier gains, as Wall Street weighed U.S-China trade negotiations.
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