U.S. Trade Representative Greer: If things don’t work out, China tariffs can go back up

U.S. Trade Representative Greer:

• China has agreed to remove countermeasures
• Outcome of China tariff talks ‘pragmatic’
• If things don’t work out, China tariffs can go back up

Greer sounds like the sad sack in the room. Markets liked the news:

ICYMI:

• Forexlive Americas FX news wrap: Massive across the board on trade war relief
• ForexLive European FX news wrap: US, China strike deal to lower tariffs after talks