RE:Are we going to have a flatline day?So Trump says he is friends with China and China will back down and thingys will all be good yadda yadda...so this uplifts markets...then Trump comes out and tweets about China and auto tariffs this morning...China has been quiet over weekend because they have yet to see the 100 billion latest Tariff list that Trump is preparing...that is the key-preparing....so when the list is known, then China will react....until then just noise...over the weekend this came out...also NAFTA Draft Agreement still not done yet over the weekend...Hmmmm...No position as of yet today....need to see something to remove the momentum somewhat....
The current climate in the U.S./China trade relationship makes it the ideal time to move ahead on free trade discussions between Canada and China, Lu said.
"Confronted with the current wave of protectionism set off by the United States, Canada and China should further work together to promote the FTA process between our two sides, and resist trade protectionism with concrete actions," he said.
"China is willing to initiate the process with Canada at any time."