Commerce Secretary Wilbur Ross appears on Fox Business to discuss the status of the U.S-China trade “negotiations” :::nudge-nudge, wink-wink::: and highlights the ‘phase-1’ fulcrum is China committing to the $50b Ag purchase without condition. Secretary Ross also notes the December 15th date just happens to be “good timing” if the U.S. team is “forced” to put more tariffs on China. LOL.
Additionally, Mr. Ross notes the challenge of a strong dollar as it relates to allied nations who are stimulating their own economy by sending us even cheaper stuff, ie. Brazil.