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Donald Trump Says "Phase One" US-China Trade Deal Will Be Signed on 15 January

Professor of Financial Economics and Part-time Value Investor, Transfin.
Jan 1, 2020 10:53 AM 2 min read

Donald Trump says "phase one" of US-China trade deal will be signed on 15 January. 2019 was a very good year for stock markets. How did Carlos Ghosn do it?



It's  A New Year, A New Dawn: Donald Trump has tweeted that "phase one" of the long-awaited trade deal between the US and China will be signed in Washington on 15 January. Further talks on phase two will reportedly begin in Beijing, where Trump will be travelling to himself "at a later date".


A phase one deal could contribute greatly in pacifying relations between the world's two largest economies, which have been engaged in a tit-for-tat trade war for the last two years.


The text of the deal has not been shared with the public yet. In recent weeks, both sides have tried to roll back tensions - China had promised to buy more American agricultural products while the US rolled back some tariffs. Trump had earlier expressed interest in signing a wide-ranging comprehensive trade deal with the Middle Kingdom. BBC


The Bulls Have It: One year ago, there were widespread fears that sagging global growth and the US-China trade war would drag markets down. In hindsight, these fears have been proved wrong as 2019 has been one of the best years over the past decade for stocks. From the US and Brazil to Germany and India, stock markets reached record highs and maintained a bullish run for most of the year. WSJ


Ghosn With the Wind: 65-year-old Carlos Ghosn recently pulled off the seemingly impossible. He somehow evaded round-the-clock manned and video surveillance and heavy restrictions on his freedom of movement to flee Japan for Lebanon. False identities, fake passports, private jets, a Christmas band, a music did Ghosn do it?


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