Retreat

Trump's trade tweets not only threatened Asian markets this week but invited China to come save the day with a surprising and unorthodox message of trust

5 monthes ago   |   By Business Insider

SAUL LOEB/AFP/Getty Images
China's reticent Ministry of Commerce intervened in declining Asian markets Wednesday, with a surprise message of trust, during the increasingly opaque trade war truce supposedly delivered at the G20 leaders summit in Argentina.
That stands in pretty stark contrast to the volley of Tuesday tweets from President Donald Trump that smacked Wall Street and sapped confidence in the US-China trade deal.
But just as Asian markets began to retreat due to Trump's tweets and Beijing's silence, MOFCOM released an unconventional statement essentially stating its confidence...
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