(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. President Donald Trump said the U.S. and China are very close to signing a “big” trade deal, sending stocks to new records on expectations that a tariff increase planned for Sunday will be called off while talks progress.“They want it, and so do we!” he tweeted five minutes after stocks opened in New York.Investors cheered Trump’s statement that the U.S. wants a deal with Beijing soon. That contrasted with remarks he made last week that he liked the idea of …read more
Source:: Yahoo Finance
