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Trump’s Latest Trade War Comment Puts Oil Prices Under Pressure

OilPrice.com Monday, 11 November 2019
Oil prices were down early on Monday, as global markets brace for protracted talks in the U.S.-China trade war after optimism about an imminent rollback of tariffs faded. At 11:14 a.m. EDT on Monday, WTI Crude was down 0.49 percent at US$56.96, and Brent Crude was down 0.18 percent at US$62.40. Over the weekend, U.S. President Donald Trump appeared to dismiss reports of the imminent lifting of tariffs and breakthrough in talks. This sent the oil market down on Monday, as participants fret about the implications for global trade, economic growth,…
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News video: Trump Says U.S. China Trade War Could End Soon

Trump Says U.S. China Trade War Could End Soon 00:47

Could the U.S. finally make a trade deal with China? President Trump says it could happen soon.

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