Positive comment, though not surprising.
Trump is starting a meeting with Merz:
We will have a great relationships with GermanyIt’s sad what’s happening with Russia-UkraineTrade talks with China have never been off trackStraightened out complexityStraigthened out rare earthsIn good shape with China on a trade dealI’ll be going to China at some point, Xi will be coming hereWe have a deal with China and want to make sure all understand itHonored to have Chinese students in USAI think Harvard is starting to behave
Merz:
We have a good basis for cooperation
A separate report says the EU has made changes to its trade team to respond more swiftly to political questions that arise.
Trump:
“We have a deal with China, as you know, but we were straightening out some of the points, having to do mostly with rare earth magnets and some other things.”
Reduced tariff rates negotiated in Geneva remain in effect, he says.
This article was written by Adam Button at www.forexlive.com.