China trade down due to US tariffs - German exports rebound in September
US President Donald Trump spoke of "very, very good negotiations with China" after a day of trade talks at the White House on Thursday. But experts say the most one can hope for is token concessions.
The World Trade Organization has downgraded its prediction for 2019 global trade. The "darkening outlook" comes just months after the WTO predicted a more optimistic outcome.
The US has removed tariffs on over 400 Chinese goods after American firms complained that the levies would cause economic hardship. But trade talks between the world's top two economies remain on a delicate footing.
Once a critic of low interest rates, President Trump is now calling for zero or negative rates in the US. Some believe the measure will prevent another economic crisis but will require Trump to play up the positives.
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