Topic: US CHINA TRADE warfare NEWS AND ANALYSIS: (Read 132 times)
Donald Trump is proposing a 25% tariff on $200 billion of Chinese imports, according to Reuters. However, opponent newsagency Bloomberg is reporting that the US and China are seeking to resume trade talks. In response, the USD is achievement though the risk on AUD is easing. Our trading forecasts for Q3 have been published; you can locate them here. US CHINA TRADE prosecution FEARS support IN FOCUS The administration of US President Donald Trump plans to propose a 25% tariff upon $200 billion of imported Chinese goods, going on from 10%, according to the Reuters newsagency, quoting a source. That is boosting the US Dollar in to the lead European trading Wednesday, and weakening the Australian Dollar, despite a report from Bloomberg that the US and China are restarting talks to defuse a trade conflict. The USD is seen increasingly as a safe haven currency even though the AUD is regarded as a risk on currency thus the AUD USD pair is falling back as traders opt for safety. Any news about tading you can find здecь.
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