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Another 200 billion in tariffs looks more likely than not
As many had suspected, despite Treasury Secretary Mnuchin’s attempts to broker a trade deal with China, the US may proceed with tariffs against China. While over the weekend wire reports suggested The Trump administration plans to announce within days new trade tariffs on as much as $200 billion in Chinese goods, quoting people familiar with the matter. Trade issues and their impact on the global economy are likely to dominate investor focus this week. Now whether this is little more than the President using this leverage as a negotiating tactic, but China officials will continue to be frustrated. This good cop bad ... (full story)
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