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Thursday, December 12, 2019

NewsBreak: U.S. Offers to Cancel Dec 15 Tariffs in Return for Ag Purchases - WSJ

© Reuters.  © Reuters.

Investing.com -- U.S. negotiators are preparing to offer to cancel the next round of import tariffs on Chinese goods and cut existing tariffs in return for guaranteed purchases of U.S. agricultural goods, the Wall Street Journal reported Thursday, citing people familiar with the matter.

Minutes earlier, President Donald Trump had tweeted that the U.S. was "getting VERY CLOSE to a BIG DEAL" on trade with China.

S&P 500 at 3,171.12 vs 3,140.62 before Trump's tweet.

Gold futures at $1,471.35 an ounce vs $1,488.85.

oil futures at $59.62 a barrel vs $58.98.

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