Trade concerns are increasing as the threats for tit-for-tat tariffs by USA and China on each other’s products are growing.
Tag: tariff war
Trade uncertainty prevails in the markets. Trade disputes, highly affecting investors’ sentiment, have been their main concern since the beginning of 2018.
Although NAFTA talks resumed, and progress was made towards the modernization of the trilateral agreement, tariff fears still weigh.
Following last Friday’s deadlock NAFTA talks resume. Canada will not give up easily despite the US President’s threats to exclude Ottawa from the trade Agreement and proceed with Mexico.
This week’s trade agenda is hot: Trump’s threats to exit WTO (World Trade Organization) and preparations to step up the trade war with China; NAFTA negotiations between Canada and the USA at the final stage; Juncker’s statements about tit-for-tat car tariffs if USA makes the first step.