Rand firms as parties seek direction in US-China trade war
Reports that China wants to hold another round of talks before signing an interim trade deal with the US have reduced hopes of a trade truce
15 October 2019 - 10:43
The rand was firmer on Tuesday morning as markets await the next step in the US-China trade war.
Reports that China wants to hold another round of talks before signing an interim trade agreement with the US watered down hope of a trade truce. The US said on Monday that it would impose a tariff hike scheduled for December should the two economic superpowers not reach a trade deal. This follows reports that China wants the US to scrap the December tariff hike...
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