GOLD PRICES NEWS UPDATED BY OCTAMX.COM CONTACT -9557753468)

U.S. President Donald Trump and Chinese leader Xi Jinping have agreed to resume trade talks, but traders are worried a deal will not happen in the near future after White House trade adviser Peter Navarro said talks are heading in the right direction but it will take time to make the right deal.

Trump stoked trade tensions with China on Tuesday, warning that any trade deal would need to be “somewhat tilted” in favor of the U.S.

Sentiment on trade took a further knock after the U.S. proposed $4 billion in tariffs on European Union goods and added olives, Italian cheese and Scotch whiskey to a list of goods to be hit.

 

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