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While the U.S. and China have restarted trade talks, a deal may not be in the cards. All after China
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While the U.S. and China have restarted trade talks, a deal may not be in the cards.
All after China added another member to its negotiating team - Commerce Minister Zhong Shan who is seen as a hardliner.
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"The U.S. side has provoked economic and trade frictions against us and violated the principles of the WTO. It is typical of unilateralism and protectionism," Zhong told the People's Daily, as quoted by CNBC. "We have to uphold our warrior spirit in firmly defending national and people's interests in defending the multilateral trading system."
In short, China may not be in a rush to reach a major deal that addresses the concerns of the U.S. In fact, China may be waiting to see what the results of the 2020 election bring.
That uncertainty over the trade war could see the U.S. Federal Reserve cut rates this month.
[As we wait to see what happens next, here are some of the top stocks to watch.](
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