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1.Market Observations, 8.Was Sticky

3 Aug 2019 (AFR) – Pompeo jabs at China’s ‘bad behaviour’, defends new US tariffs

(3 August 2019, AFR, p12, Patpicha Tanakasempipat)

Bangkok | US Secretary of State Mike Pompeo on Friday decried “decades of bad behaviour” from China that had hampered free trade, laying out a case at a South-east Asian forum for Washington’s escalating trade war with Beijing. Mr Pompeo’s statements came after President Donald Trump announced he would slap a 10 per cent tariff on the remaining $US300 billion ($441 billion) of Chinese imports starting September 1, abruptly ending a truce in year-long trade dispute between the world’s two largest economies.’

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