The United States and China have finalized a trade understanding that was originally reached last month in Geneva, according to U.S. Commerce Secretary Howard Lutnick. Lutnick confirmed in multiple statements that the trade deal was officially signed and sealed two days ago. While specific details of the agreement have not been publicly disclosed, Lutnick indicated that this deal is part of broader U.S. efforts to secure trade agreements, with the White House planning imminent deals with a group of 10 major trading partners. The confirmation follows discussions held in London and Geneva earlier this year, reflecting ongoing diplomatic and economic engagement between the two countries.
February 5, 2020 (2 weeks before the crash) Dow Jones +2% Everyone knew about the virus and lockdowns, yet markets kept climbing higher until OpEx. https://t.co/Yz2Ed5c56i https://t.co/zZxh3YeF7x
January 24, 2020 (4 weeks before the market crash) "Until mid-morning this market seemed unstoppable, despite a deadly virus and an impeachment trial." https://t.co/VbdOzqHmIu https://t.co/uQQohlAhWw
January 10, 2020 (5 weeks before the market crash) "We almost went to war, then we didn't go to war. We almost didn't get a trade deal, now we know it's coming next Wednesday." https://t.co/KEt3y5tfaF https://t.co/q522a247BD