Despite the warning of Trump’s ‘made’, China and better inflation data than expected

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• SPailed S & P 500 0.27% reduction on Wednesday Investors, Trump’s porcelain and also took the inflation report that prefers the expectations of analysts.

Along with a better inflationary report in the United States and China in May, the stock market fell on Wednesday, despite the positive development in the trade war between the United States and China. The S & P fell by 500 0.27%, Nasdaq fell 0.50% and the Dow Jones Day closed the song straight.

“Our agreement with China, President Xi and I approved the last confirmed” President Donald Trump, on Wednesday morning in the Social Media Platform, President Xi Jinping.

Trump gave several features, but China will continue to export magnets and rare land materials into the United States and will continue to apply 10% to American goods. In turn, the United States will enter into force on exports from the People’s Republic of China to 55% of the United States and continue to participate in American colleges and universities to Chinese students.

The United States and China have previously taken 145%, 125% and 125% of tariffs, respectively each other. Trump’s management also noted that Chinese students will begin to cancel student visas for Chinese Foreign Minister named “Discrimination”.

It is not clear when the trade contract between two super power comes into force or offers more benefits of the United States. China State News Agency, Xinhua, gossip There was “friendly and deep talks” in the assessment of the United States and China.

Meanwhile, the bureau of labor statistics released Consumer Price Index Report for May. The US agency noted that inflation increased by 0.1% to April 2.4%. 2.5% of economists were slightly less than the media’s assessment questionnaire by the invitation.

Analysts were concerned that Trump’s aggressive set of aggressive tariffs will increase the prices of American consumers. He still warns that some White House has not been sent to the full impact of the trade war along the economy. “We know that inflation will be in moderate and still in the prices that come in half of the year,” Rick Rieder said, “said Rick Rieder, the General Director of Global Stable Income Broncroc.

The marketboat won a week on Wednesday. In June, the S & P 500, 47th president immediately approached the heights in February as soon as possible in February.

This story was first displayed Fortune.com

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