Economic Pain Builds Pressure for Trade Deal
Bloomberg exclusively reports that President Donald Trump wants an agreement to perk up the stock market, which has fallen about 8 percent since he struck a temporary truce with counterpart Xi Jinping on Dec. 1. Xi has seen China’s growth prospects worsen at a time when he’s looking to reduce the country’s debt burden. The finance ministry is set to propose a wider 2019 fiscal deficit to support the economy, Bloomberg also reported.
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