mo4ch:>China & US may reach deal at G20 but it might not be what either side wants – Wells Fargo | Mo4ch News

US President Donald Trump and China’s leader Xi Jinping will likely reach a compromise on trade at their G20 meeting, says Wells Fargo Asset Management. The Group of Twenty (G20) meeting kicks off on Friday in Buenos Aires.“I am optimistic that they will strike a deal. I don't think it's going to be the deal that either side wants, but I think there will be some concessions,” said Kirk Hartman, global chief investment officer at Wells Fargo Asset Management as cited by CNBC. “I think this is more about protecting US technology as much as it is trade, so I think you will see some comments on that front.”He said that Washington may delay higher tariffs on Chinese imports that were due to take effect in January. The sides may also agree to meet for further negotiations, according to Hartman.Also on rt.comTrade war may boost Chinese economy & hurt US growth – ECBOn Thursday, Trump told reporters he could be close to striking a deal with China on trade but was not sure he wante…