Saturday, August 24, 2019

Breaking: Trump retaliates to Chinese tariffs by asserting contemporary tariffs on Chinese merchandise

Breaking: Trump retaliates to Chinese tariffs by asserting contemporary tariffs on Chinese merchandise



Trump announces five-hitter extra tariffs on Chinese merchandise.
Gold, Yen, AUD and also the AUD/JPY ought to b those to look at within the FX house. 
In return to the sooner news that China can impose five-hitter to 100% tariffs on $75 billion of products (including frozen pork and nuts) beside resuming the twenty fifth duty on USA vehicles and machine components from fifteenth Gregorian calendar month, Trump has smitten back within the latest spherical of trade wars - showing neatness regular once the stock exchange shut which can seemingly bring a blood bathtub open next week - (more on it below).

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