- US and China Trade War
US and China Trade War
Monday 12 August 2019
News, Global Investment View, Research / Market
US-China Trade War: Walking a tightrope
- Recent escalation: Donald Trump proposed an additional 10% tariffs on a further US$300 billion worth of Chinese imports from 1 September. This is surprising, given that the two countries appeared to have found some common ground at the G20 meeting in June. However, the truce was short-lived and China responded with its own set of measures inform of a suspension of US agricultural imports and currency devaluation, which could further escalate the situation. READ MORE
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