There are reports that a planned Friday announcement of President Trump's trade action against China has been postponed
- citing " two people familiar with the matter ".
- Trump was expected to announce on Friday he would direct U.S. Trade Representative Lighthizer to open an investigation under Section 301 of the Trade Act of 1974 over what the administration views as Chinese violations of U.S. intellectual property rights and forced technology transfer.
- The sources did not give an explanation for why the announcement was postponed, nor did they provide a date for when it would be rescheduled.
- A White House spokeswoman did not immediately comment.
To go ahead or not go ahead? Yes, no, maybe?
Traders are familiar with this sort of uncertainty on events.
'Fake news' turkeys can please themselves.