πŸ‡ΊπŸ‡Έ

What Investors Should Do if the US and China Reach a Trade Deal

Credit: The Street
Published on June 27, 2019 - Duration: 01:25s

What Investors Should Do if the US and China Reach a Trade Deal

Are you ready for the weekend?

President Trump and Chinese President Xi are.

The two leaders are set to meet on the sidelines of the G20 summit in Japan later this week.

It's expected that the two will try to hash out a trade deal between the two nations.

However, Jonathan Corpina, senior managing partner at Meridian Equity Partners, warns investors to not get too hopeful that we'll come out of G20 with a trade deal.

"I think investors should take a pause and wait.

And I'll equate this to tax reform a year and a half ago we were talking about tax reform and how this is going to affect everybody.

Nobody really knew how it was gonna affect large corporations or individuals like myself for many months quarters afterward.

So I think when we get a deal it's going to take time to really see how that's going to impact companies.

So I wouldn't make any quick moves initially at this point," advised Corpina.

Advertisement

You are here

Recent related news from verified sources

Β· *The federal government is projecting that China will buy $14 billion of American agricultural products in 2020.* Β· *It's an amount that misses the...
1 week ago • Business Insider

China has lifted restrictions on importing agricultural products from the US as it implements the first phase of a trade dealΒ -More-Β 
3 days ago • SmartBrief

Recent related videos from verified sources

Powell: Economy Looks Resilient Despite Risk of China Virus 04:50
Credit: Cheddar Inc. - Published 2 weeks ago 

2 Reasons a Full U.S.-China Trade Deal Has a Long Way to Go 04:15
Credit: The Street - Published 3 weeks ago 

You might like