Home GRASP GRASP/China Trump Tries to Calm Global Markets After Stocks Drop Sharply

Trump Tries to Calm Global Markets After Stocks Drop Sharply

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Trump says China planning to resume purchases of US soybeans and natural gas
U. S. President Donald Trump, who rattled global markets Tuesday after declaring himself “a Tariff Man,” predicted in a series of tweets Wednesday the United States and China would negotiate a new trade deal.
Trump said China is planning to resume buying U. S. soybeans and natural gas, which he said confirms his claims that China had agreed to start “immediately” buying U. S. products.”
Trump said he believes “President Xi (Jinping) meant every word of what he said” at their meeting recently in Argentina, including “his promise to me to criminalize the sale of deadly Fentanyl coming into the United States.”
The president’s optimistic comments came one day after stock prices around the world plunged in response to a series of tweets he posted on Tuesday, warning a fragile accord between the two countries could crumble.
Stocks in the U. S., Europe and Asia fell sharply after Trump declared himself “a Tariff Man” who wants “people or countries” with intentions to “raid the great wealth” of the U.

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