US-China trade truce should be extended, says Global Times ...Middle East

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Well, I don't think anyone is expecting any miracles in the next 90 days. And as mentioned at the time of the trade truce, this period is likely to be a subjective one rather than a firm deadline. If negotiations are in progress, I don't see why they wouldn't extend it beyond the 90-day period. That unless Trump loses patience with China of course.

Even if we do end up getting purchase agreements and what not, I would highly expect all of this to be a charade of sorts. Just think back to the failure of the Phase One trade deal and we're pretty much going down that same exact path this time around.

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

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