US energy secretary says tariffs escalation is "home territory" for Trump ...Middle East

Wright: "Oh, I think you can see we're right in the midst of a negotiation. This is home territory for president Trump. Both in his business career and his first term as president, he reads the market place, he engages with people, he uses leverage and we're going to get to a great result. We're in the midst of it right now but I'm quite optimistic about where we're going."

That is not to say that a deal isn't coming though. China didn't blink today and so the game of chicken continues. As the bond market pain continues, will Trump or the Fed blink before the weekend?

This article was written by Justin Low at www.forexlive.com.

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