Phase One

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  April Fools' Day jokes span from the funny to the mean spirited. In the case of the Phase One trade deal the results are a joke but at the United States' expense....

After years of on again, off again talks that often sapped riskier assets in both countries, the U.S. and China finally inked "phase one" of a trade package on Wednesday. At the heart of the agreement are pledges by China to boost purchases of an array of U.S.-produced commodities,...

Almost two years to the day that U.S. President Donald Trump first imposed tariffs on imported washing machines and solar panels, the U.S. and China have officially completed a "phase one" trade deal. Since the deal was announced in mid-December, the S&P 500 has rallied 3.4% on hopes...

President Donald Trump signed a phase one trade deal with China Wednesday, and the S&P 500 has made significant gains since the deal was announced back in December. The SPDR S&P 500 ETF Trust (NYSE: SPY) is now up 3.4% since Dec.13 — but the deal may not have as big of an impact...

Treasury Secretary Steven Mnuchin was a guest on CNBC Thursday to discuss the USMCA and Chinese trade deals. Mnuchin Says USMCA Should Spur GDP Growth The USMCA trade deal will replace the NAFTA agreement, and once enacted will contribute an incremental 50 basis points of GDP growth, Mnuchin...

U.S. growth stocks were once again among the best performers of 2019. However, a recent market rotation toward value stocks and two new international trade deals has the outlook for foreign value stocks looking relatively bullish heading into 2020. The USMCA, the phase one trade deal with China and...