The escalating trade dispute between the United States and China keeps broader currency markets concerned. China is expected to fight back US tariffs, especially those regarding the technology firms which are to be treated unfairly.
Tag: Euro
Trump’s intriguing tweets are the focus of the attention of the ongoing tariff war. Harley Davidson and US tariffs on cars from the E.U. were in the US President’s firing line on Tuesday.
A WSJ report about Trump’s intention to prohibit Chinese companies from investing in U.S. tech firms upset the markets. Worries over a worsening trade dispute between the United States and other major economies affected the FX market.
Oil ministers from the Organization of the Petroleum Exporting Countries meet on Friday in Vienna. Talks will follow on Saturday with non-OPEC oil producers. The negotiations are expected to be hard as Iran threatens to block the decision over production increase.
Escalating Trade War The escalating trade war between USA and China keeps broader currency markets concerned.