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USTR Greer says talks with the Chinese were constructive; bilateral trade talks expected with EU, Malaysia, and India; Section 338 appropriate in certain circumstances

The constructive tone from USTR Greer regarding talks with China suggests a positive shift in trade relations, which might support risk appetite and have implications for USD and equity markets.

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USTR Greer says talks with the Chinese were constructive; bilateral trade talks expected with EU, Malaysia, and India; Section 338 appropriate in certain circumstances

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  • Iran oil came up a "little bit" in China talks
  • Canada is behind in talks compared to Mexico. 
Context

The mention of bilateral trade talks with other partners also indicates broader engagement efforts, though delays with Canada may slow progress. Overall, this could be viewed as a stabilizing factor amidst ongoing trade tensions.

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