Tariffs Continue to Rattle Markets

We expect to learn more about Trump's tariff plan, but in the meantime the markets are in turmoil.

Economic News
29 mar 2018
Tariffs Continue to Rattle Markets

China and the United States continue to dominate the news as we follow what’s going to happen with Trump’s proposed tariffs worth $50 billion. Even though the two countries are set to negotiate their trade relationship, earlier today China once again warned Trump not to move forward with his tariff plan as the People’s Republic is prepared to hit back with tariffs on its own, which would start a chain reaction around the globe and involve the world in a global trade war.

China does have leverage over the United States in terms of hosting the manufacturing of many US companies, such as Apple and Intel. It could also target other key American assets like automobiles, aircrafts, and more that it imports from the United States, and present Trump with a similar bill.

So while China continues to warn against tariffs, it is simultaneously preparing to fight back in case tariffs become a reality, and this could hurt a lot more than Trump anticipates. We are still awaiting a final confirmation of what the tariffs will include.

SuperForex
Tariff Tensions

Economic News

Tariff Tensions

Trump has proposed several different sets of tariffs which are upsetting the global financial markets.

SuperForex
28 mar 2018
US Looks Towards Korea

Economic News

US Looks Towards Korea

The US is improving relations with South Korea in preparation for its negotiations with its northern counterpart.

SuperForex
27 mar 2018
Oil Price Highs

Economic News

Oil Price Highs

SuperForex
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