Trade uncertainty prevails in the markets. Trade disputes, highly affecting investors’ sentiment, have been their main concern since the beginning of 2018.
Tag: tariff
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.
The two economic giants completed trade talks on Thursday among mid-level officials, without any major breakthroughs, as it was widely expected. New tariffs kicked in on $16 billion worth of imports from China by the USA, followed immediately by reciprocal tariffs from China.