Do we have a truce on the Chinese trade war? US trade issues may be far from fixed, but today’s news can make a huge difference in our economy

Do we have a truce on the Chinese trade war? It could be true. China is set to cut the import duty on US cars to 15% furthering opening up the world’s second largest economy. Meanwhile Trump has retreated from imposing tariffs on billions of dollars worth of Chinese goods. Today I take a look at the future of Chinese-American trade. Other topics include:

• Buying vs. leasing a car
• Getting a good rate on a lease
• The issues with 401ks and bond funds
• Age-based savings benchmarks

 

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.