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China’s Zhu: ‘The essence of U.S.-China trade is mutually beneficial and win-win’

China’s Vice Finance Minister Zhu Guangyao was on the wires earlier today, via Reuters, making optimistic comments on the US-China trade relationship.

His comments come after his Ministry announced that China will cut import tariffs on nearly 1,500 consumer products from July 1.

Key Headlines:

“China has always been clear about its stance regarding U.S.-China economic and trade relations,” when asked about the US Commerce Secretary Wilbur Ross’s upcoming visit to China.

“We always believe the essence of U.S.-China trade is mutually beneficial and win-win.”

On specifics of US.-China trade negotiations, Zhu said talks were underway.

Gold holds steady near $1300 mark, NFP to provide fresh impetus

   •  Reviving trade war fears offset USD strength/resurgent US bond yields.     •  Traders await a decisive break through the weekly trading range.
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Turkey Exports up to $14B in May from previous $13.55B

Turkey Exports up to $14B in May from previous $13.55B
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