FOX Business’ Neil Cavuto and Edward Lawrence and American Institute for Economic Research president Edward Stringham, attorney Emily Compagno discuss why President Trump has not agreed to roll back tariffs on China.
Investors will anxiously be paying attention to the Economic Club of New York at lunchtime.
Continue Reading Below
That’s when President Trump gives a speech that may give hints on how progress in the trade negotiations is going between Beijing and Washington.
Recent comments from the president and others appear to suggest the two sides are struggling to finish Phase 1 of what was thought to be a three part deal.
How he describes the current situation will be of interest to the markets.
US, CHINA TO AGREE TO ROLL BACK TARIFFS IF PHASE ONE DEAL REACHED
Trump is also expected to call attention to the strong gains in the stock market and economy as a whole since his election.
Although on Monday, stocks struggled amid concern that the U.S. and China are struggling to get an initial trade deal done, with the S&P 500 slipping as much as 0.6 percent.
CLICK HERE TO READ MORE ON FOX BUSINESS
On trade, analysts expect any Phase 1 deal to suspend tariffs planned to be imposed on December 15, as well as ramp up Chinese agricultural purchases from the US and address some intellectual property issues in China.
