View full page at forexfactory.com

 

US President Trump says China trade announcement coming after the market close

^ Added at
^ Added at

Trump To Make "China Trade Announcement" After Market Close

From zerohedge.com

There will be no more delaying the announcement of the $200BN in China tariffs. Moments ago, Trump said that the "China Trade Announcement" - which most likely refers to the $200BN in second round tariffs - will come after the market close, perhaps so that stocks - which arguably can no longer discount the future - won't be impacted? TRUMP SAYS CHINA TRADE ANNOUNCEMENT COMING AFTER MARKET CLOSE It is unclear if the tariffs will carry a 10% or 25% tax, although according to the latest reports it will be the former, and potentially increase if China still refuses to "fold" to Trump demands. What happens next? First, ... (full story)

Story Stats

  • Posted:
  • Category: Medium Impact Breaking News