There Will Be a US-China Deal, Says Business Group Ahead of Meeting
A US-China trade deal is expected to happen soon, and business leaders are expressing renewed confidence right now as critical negotiations approach next week. The US-China Business Council’s president has indicated that a trade deal between both nations is likely, and he actually believes it’s unlikely that Beijing and Washington will abandon their earlier commitments. This business group forecast comes at a time when trade war impact concerns have been weighing on markets along with investors. Also Read: Trump’s Economic Nationalism Escalates, Pressures India and BRICS US-China Meeting Sparks Optimism as Trade Forecasts Improve Source: Getty Images Right now, Treasury Secretary Scott Bessent has confirmed that China-US economic relations talks will start next week in Stockholm. At the time of writing, the Washington Beijing meeting is addressing an August 12 deadline when tariff pauses expire between the world’s two largest economies. Bessent stated: “I’...