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While the market may have gotten excited......>

CHINA
CHINA: While the market may have gotten excited over headline citing Mnuchin as
saying US-China deal is "90% done". This from the FT all the way back in April
may suggest very little progress has actually been made:
"We're getting into the end-game stage," said Myron Brilliant, executive
vice-president for international affairs at the US Chamber of Commerce. "Ninety
per cent of the deal is done, but the last 10 per cent is the hardest part, it's
the trickiest part and it will require trade-offs on both sides," he told
reporters on Tuesday. "
FULL LINK: https://www.ft.com/content/d6ac5082-5582-11e9-91f9-b6515a54c5b1
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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