Hopes rise for US-China trade deal after Mueller report



Evelyn Cheng | CNBC

  • With the Mueller investigation out of the way, there will be more incentives for the U.S. and China to come up with a trade deal, analysts say.
  • “The Mueller report isn’t a game changer, but it should encourage China to keep up recent momentum in trying to finalize a deal with Trump,” says Michael Hirson, Asia director at consulting firm Eurasia Group.
  • The trade talks have dragged on amid a delay in arranging a meeting between Trump and Chinese President Xi Jinping, which was initially expected to take place by the end of March.

With President Donald Trump in a stronger position now that the Mueller investigation is out of the way, China has more incentive reach a deal on U.S. trade, analysts say.

Over the weekend, U.S. Attorney General William Barr said a nearly two-year investigation by special counsel Robert Mueller did not find enough evidenceto make a case against Trump in obstructing justice, or running a campaign that coordinated with Russia’s efforts to influence the 2016 election.

[To read the original article, click here.]