US and China Trade War

Monday 12 August 2019

Global Investment View

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 
China vs USA 1280x720

Other news