The process of reaching a U.S.-China trade deal could take place in three phases, said investment bank Goldman Sachs in a new report.
The U.S. and China appear more likely to reach some sort of trade agreement during an expected meeting between their two presidents later this month — but some tariffs would most probably be kept in place, predicted Goldman Sachs in a report on Monday.
For much of 2018, the U.S. and China were embroiled in a tit-for-tat trade fight, as they increased levies on each other's goods over disagreements about Chinese subsidies and alleged forced technology transfers from American firms to their Chinese partners. Going forward, the process to reach a trade deal would be expected to occur in three phases, said Goldman.
If the Florida meeting takes place, Goldman predicts that there would be a 75 percent probability that the two presidents will announce a formal agreement of some kind.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
GOLDMAN SACHS: This trade is your best bet for big stock gains as economic growth dwindlesThe stock market's recent recovery has come amid a troubling economic slowdown. Goldman Sachs offers a strategy and stock picks to profit anyway.
Leer más »
Three Reasons Why The New Apple/Goldman Sachs Credit Card Will Strike OutInsufficient rewards, insufficient PFM features, and insufficient analytics capabilities add up to a credit card that will fail to gain the traction in a competitive market.
Leer más »
Goldman says legal losses could be up to $1.9 billion more than reservesGoldman Sachs Group Inc said losses related to ongoing lawsuits could possibly e...
Leer más »
What consumers need to know about the upcoming credit card from Apple and Goldman SachsExperts say the card is designed to get more people to use Apple Pay, but consumers may want to think twice.
Leer más »
Saudi Aramco adds Goldman Sachs as bookrunner for planned bond: sourcesSaudi Aramco has added Goldman Sachs as a bookrunner for a planned bond which wi...
Leer más »
Three Reasons Why The New Apple/Goldman Sachs Credit Card Will Strike OutInsufficient rewards, insufficient PFM features, and insufficient analytics capabilities add up to a credit card that will fail to gain the traction in a competitive market.
Leer más »
KKR poaches Goldman Asia investment banking chair RichdaleKKR & Co Inc has poached Kate Richdale, Goldman Sachs Group Inc chair of Asia in...
Leer más »
GOLDMAN SACHS: Forget about a global recession, the worst of the US and China's economic slump is overThe world's two largest economies look set to see growth pick up in the coming months, according to two of Goldman's most senior economists.
Leer más »
Goldman Sachs is reportedly partnering with Apple to launch a new credit card paired with fresh iPhone features. Here's what that could look like.Goldman Sachs is reportedly partnering with Apple to launch a new credit card paired with fresh iPhone features. Here's what that could look like
Leer más »