Investors await China’s response

0
291
views

U.S. President Trump moved forward with imposing 10% tariffs on $200 billion of Chinese imports effective next week. Trump’s move has obviously taken the trade war with China to a new level, and the confrontation may last longer than what was previously thought. There’s no doubt that China’s economy will begin feeling the pain given that the U.S. duties now cover almost half of its imports. So, expect to start seeing more aggressive monetary and fiscal actions to reduce the ongoing impact of the trade war. However, it remains unclear to what extent the U.S. economy will be hurt with these… Read More

This Market Review is presented by FXTM Broker. Click here to open a FXTM Account.