U.S. President Trump: Hopefully we can find a deal that's good for both countries, but I will not accept a bad deal

Market news

24 September 2019

U.S. President Trump: Hopefully we can find a deal that's good for both countries, but I will not accept a bad deal

Hopes for allowing China into WTO have failed

Says China hasn't adopted promised reforms

China uses heavy state subsidies, steals IP

Cites company stealing Micron's products in China

WTO needs drastic change

World's second-largest economy shouldn't be allowed to call itself a developing country

The days of globalism are over

Says he's placed tariffs on over $500 bln of Chinese goods

Says carefully watching situation in Hong Kong

Expects China to honor treaty on Hong Kong

European stocks closed: FTSE 100 7,291.43 -34.65 -0.47% DAX 12,307.15 -35.18 -0.28% CAC 40 5,628.33 -2.43 -0.04%

RBNZ likely to leave the OCR at 1% – TD Securities

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