Trump holds press convention on China as tensions rise

Trump holds press convention on China as tensions rise

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President Donald Trump is scheduled to carry a press convention on China on Friday from the White Home Rose Backyard as tensions with the nation proceed to escalate.

Shares dropped after Trump introduced information convention on Thursday on fears that the president will impose new sanctions or commerce boundaries. Forward of the convention, the Dow Jones Industrial Common fell to its session low, after giving up 300 points on Thursday in the hour after the news hit.

Learn extra: Trump’s China press conference could mark the end of his cautious approach to Beijing

Commerce fears have risen because the U.S. and China proceed feud over blame for the spreading coronavirus pandemic that tanked international markets in March and has threatened to stall progress on the Part 1 commerce deal reached earlier this yr.

Relations have been strained additional this week after China imposed new nationwide safety laws…



cnbc.com

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