U.S., China are on verge of ‘historic’ trade deal, Kudlow says

Bloomberg/Andrew Mayeda/2-28-2019

“The U.S. and China are on the cusp of an ‘historic’ agreement that would commit Beijing to cut subsidies for state-owned companies and disclose when its central bank intervenes in currency markets, a top White House adviser said.”

USAGOLD note:  The details are beginning to come out on the deal apparently being struck between the U.S. and China on trade.  Many gold market analysts believe that a settlement would be good for gold.  One that includes formalities to keep the yuan relatively strong against the dollar could be even better. . . . .

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