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Wall Street soars after Trump tweets he will meet China's Xi at G-20 as his country's econom

• https://thenationalsentinel.com

(NationalSentinel) President Donald Trump's economic policies, coupled with the Republican-led tax reform plan in 2017, have added trillions of dollars in wealth to Wall Street, padding the retirement accounts of tens of millions of Americans.

On Tuesday, the president managed to boost the stock market just by tweeting a message of encouragement: He says he and Chinese President Xi Jinping will have an "extended" meeting at the upcoming G-20 meeting in Japan next week.

 

"Had a very good telephone conversation with President Xi of China. We will be having an extended meeting next week at the G-20 in Japan. Our respective teams will begin talks prior to our meeting," he wrote.

As of midday, the Dow Jones Industrial Average had surged more than 400 points, though it has fallen off a bit since then.

Larry Kudlow, director of the White House National Economic Council, told Fox News that while he couldn't discuss all of the particulars, "the decision that [the two leaders] will, in fact, meet in Osaka, Japan, at the sidelines of the G-20 conference" has been made.

He also concerned that it would be an "extended" meeting.

"The United States wants to continue the conversations about structural changes regarding intellectual property theft and forced technology transfers and market openings and tariffs," Kudlow continued.

"We're looking for an enforceable agreement as we always have, that's absolutely vital," he said. "So all of those general topics will be on the table."


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