Some comments from Barclays on trade talks between China and the US

US-China trade negotiations appear to be making some progress toward a deal

although vigilance remains warranted as the US maintains a cautious stance

After presidents Trump and Xi agreed in December to pause the imposition of further trade tariffs, markets have grown increasingly optimistic that the two sides will reach a deal.

China has agreed to cut tariffs on US cars, increased its imports of US soybeans, and promised to better protect intellectual property

a number of US officials have hailed the progress made, but it remains to be seen whether Chinese actions will satisfy US grievances, including those on issues of IP and the subsidization of SOEs

markets do not expect the trade war to kick off again in the short term.





