U.S. Treasury Secretary Yellen Says U.S.-China Trade Should Be A Win-Win Relationship; U.S.-China Bilateral Talks Should Be Completely Routine
Portfolio Pulse from Benzinga Newsdesk
U.S. Treasury Secretary Yellen has stated that U.S.-China trade should be a win-win relationship and that bilateral talks between the two nations should be completely routine.
September 18, 2023 | 7:24 pm
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NEUTRAL IMPACT
Yellen's comments on U.S.-China trade relations may impact the iShares China Large-Cap ETF (FXI).
Yellen's comments indicate a desire for stable U.S.-China relations, which could impact Chinese stocks and ETFs like FXI. However, the impact is uncertain as it depends on the actual policy actions.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Yellen's comments on U.S.-China trade relations may impact the SPDR S&P 500 ETF (SPY).
Yellen's comments indicate a desire for stable U.S.-China relations, which could impact U.S. stocks and ETFs like SPY. However, the impact is uncertain as it depends on the actual policy actions.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50