US Pres. Trump: Talks with China continue in a very congenial manner

"Talks with China continue in a very congenial manner - there is absolutely no need to rush - as tariffs are now being paid to the United States by China of 25% on 250 billion dollars worth of goods & products," U.S: President Donald Trump recently tweeted out.

"The process has begun to place additional tariffs at 25% on the remaining 325 billion dollars," Trump further noted that and added that they will continue to negotiate with China and hope that they try not to "redo the deal."

"The U.S. only sells China approximately 100 billion dollars of goods & products, a very big imbalance. With the over 100 Billion Dollars in Tariffs that we take in, we will buy agricultural products from our Great Farmers, in larger amounts than China ever did, and ship it to poor & starving countries in the form of humanitarian assistance," Trump explained.

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EUR/JPY daily upside lost momentum near 123.60

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