BlackRock says a US-China trade deal is likely this year — but markets won't be cheering

Canada News News

BlackRock says a US-China trade deal is likely this year — but markets won't be cheering
Canada Latest News,Canada Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Even if the U.S. and China manage to resolve their conflict, investor sentiment will still be weighed down, says BlackRock's Isabelle Mateos y Lago.

The U.S. and China could reach a "narrow" trade deal by the end of this year, but that won't resolve all the tensions between the two countries, said Isabelle Mateos y Lago, deputy head of BlackRock's Official Institutions Group.

Even if the U.S. and China manage to resolve their conflict, investor sentiment will still be weighed down, she said. In addition to U.S.-China tensions, investors are worried about President Donald Trump's threats to impose a new tariff on Mexico to address his immigration concerns, she said. Chinese President Xi Jinping holds a grand ceremony to welcome U.S. President Donald Trump outside the Great Hall of the People in Beijing, China on Nov. 9, 2017.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mexico has benefited from the US-China trade war — but Trump could change thatMexico has benefited from the US-China trade war — but Trump could change thatU.S. President Donald Trump said last week he will impose a 5% tariff on all American imports from Mexico starting June 10 to address his immigration concerns.
Read more »

U.S. to ensure rare-earth supply amid trade war with ChinaU.S. to ensure rare-earth supply amid trade war with ChinaThe U.S. will take steps to ensure it doesn’t get cut off from the supply of rare earths in its trade war with China.
Read more »

Explainer: U.S.-China trade war - the levers they can pullExplainer: U.S.-China trade war - the levers they can pullThe escalating trade war between the United States and China has gone beyond tar...
Read more »

China gives green light for local 5G rollout amid tech tensions with USChina gives green light for local 5G rollout amid tech tensions with USChina has given licenses to major state-owned mobile carriers for the commercial rollout of 5G with analysts suggesting launches could come this year.
Read more »

Exclusive: U.S. preparing to sell over $2 billion in weapons to Taiwan, testing China - sourcesExclusive: U.S. preparing to sell over $2 billion in weapons to Taiwan, testing China - sourcesThe United States is pursuing the sale of more than $2 billion worth of tanks an...
Read more »



Render Time: 2025-03-11 01:06:08