You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

12 July 2018 (AFR) – Escalating US-China trade tensions spook markets again

(12 July 2018, AFR, p11, by Michael Smith)

‘Escalating US-China trade tensions triggered a sell-off on Asian stockmarkets on Wednesday after Donald Trump pushed ahead with threats to impose tariffs on an additional $US200 billion ($270 billion) worth of Chinese products. The move also prompted a swift rebuke from Beijing, which called on the rest of the world to unite against “trade bullying”. China warned it would take “necessary countermeasures” as the Trump administration published a list of thousands of Chinese products that would be affected by 10 per cent tariffs expected to come into force in two months.’

Read more at AFR.com (might need AFR login access, or try: AFR.com /trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Advertisements
%d bloggers like this: