The United States and Chinese teams had ended the trade talks on Wednesday, which had lasted longer than schedule and the officials said that the details would soon be revealed, raising optimisms of an earlier resolution over the tariff conflicts, which had been dreadfully disrupting the global economy.
Followed by the wind-up, the Chinese Foreign Ministry had been quoted saying in a statement that, since the talks had extended on to an unscheduled third day, both sides had been very “serious”. An extended trade talk, which concluded on Wednesday, the 9th of January, while the scheduled dates had been Jan 7th to 8th, had fueled the share prices in Asia and Europe, as the investors remained riant, expecting that, the economies had been inching towards a trade agreement.
The US Under Secretary of Agriculture for Trade and Foreign Agriculture, Mckinney, had rekindled the bullish bias on to the markets, as he had cited the three-day-long trade talk as “good few days”. However, he also added that the US trade delegation would return to US later on Wednesday, Jan.
9th. Without elaborating further details, Mckinney said to the reporters at the delegation’s hotel, “I think they went just fine. It’s been a good one for us. ”