Stock Prices SKYROCKET After Trump Tweets G-20 Meeting With Xi Will Happen

(NationalSentinel) President Donald Trump’s economic policies, coupled with the Republican-led tax reform plan in 2017, have added trillions of dollars in wealth to Wall Street, padding the retirement accounts of tens of millions of Americans.

On Tuesday, the president managed to boost the stock market just by tweeting a message of encouragement: He says he and Chinese President Xi Jinping will have an “extended” meeting at the upcoming G-20 meeting in Japan next week.

“Had a very good telephone conversation with President Xi of China. We will be having an extended meeting next week at the G-20 in Japan. Our respective teams will begin talks prior to our meeting,” he wrote.

As of midday, the Dow Jones Industrial Average had surged more than 400 points, though it has fallen off a bit since then.

Larry Kudlow, director of the White House National Economic Council, told Fox News that while he couldn’t discuss all of the particulars, “the decision that [the two leaders] will, in fact, meet in Osaka, Japan, at the sidelines of the G-20 conference” has been made.

He also concerned that it would be an “extended” meeting.

“The United States wants to continue the conversations about structural changes regarding intellectual property theft and forced technology transfers and market openings and tariffs,” Kudlow continued.

“We’re looking for an enforceable agreement as we always have, that’s absolutely vital,” he said. “So all of those general topics will be on the table.”

Kudlow’s comments and POTUS’ announcement that he’s going to meet with Xi come amid claims that China is experiencing dramatic internal and economic pressures, according to Beijing expert Gordon Chang.

In a separate interview with Fox Business Network, Chang said that protests in Hong Kong over opposition to an extradition bill, along with continued pressures from the tariff/trade war with the U.S., have put an additional impetus on Xi to negotiate.

Chang also noted that Xi’s planned visit to North Korea this week — his first — is part of China’s attempt use nuclear cooperation as a hedge to win “trade concessions” from the United States.

“This is going to be the meeting of all meetings,” Chang said.

As for whether China is “ready” for additional tariffs on more goods, Chang said, “I don’t think so.”

“I think they believe they can manipulate the American political system to put enough pressure on President Trump,” he said.

“But China right now has an economy which is crumbling [and] could have even been contracting last month,” Chang noted. “We saw that with bellwether car sales down 16.4 percent, the eleventh straight month of decline, the worst monthly decline ever.” READ MORE

Via NationalSentinel

What do you think?

1 point
Upvote Downvote

Total votes: 1

Upvotes: 1

Upvotes percentage: 100.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

One Comment

Leave a Reply
  1. hey there and thanks to your info – I’ve certainly picked up anything new from proper here. I did then again expertise a few technical issues using this site, since I skilled to reload the web site a lot of times previous to I may just get it to load properly. I were considering if your web host is OK? Not that I’m complaining, but slow loading instances occasions will often impact your placement in google and could harm your high quality score if advertising and ***********|advertising|advertising|advertising and *********** with Adwords. Anyway I’m including this RSS to my email and can glance out for a lot extra of your respective fascinating content. Make sure you replace this again very soon..

Leave a Reply

Your email address will not be published. Required fields are marked *


Judicial Watch Discovers UNDENIABLE PROOF Obama Was Involved In Anti-Trump Coup!

Trump 2020 Campaign Kickoff Draws MASSIVE Crowd In Florida – ‘Biden Doesn’t Stand A Chance!’