The tit-for-tat trade war saga has hit market sentiment in recent weeks. It is now at its peak as the deadline of the 6th of July is fast approaching.
The tit-for-tat trade war saga has hit market sentiment in recent weeks. It is now at its peak as the deadline of the 6th of July is fast approaching.
The US President warned WTO that USA will “do something” if the Organisation does not regarding EU tariffs. During his meeting with the Dutch Prime Minister, Trump accused WTO that treats USA unfairly.
CHINA and Global Trade War Chinese Markets stay on the ball as the deadline for tariffs imposition on Chinese exports by the United States approaches. China is expected to fight back US tariffs, especially those regarding the technology firms.
The Chinese yuan has dropped more than 3% against the US dollar in the past two weeks as trade war between the world’s two biggest economies has escalated.
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.