ARE MARKETS PRICING IN A “TRUMP PUT”?
On Sunday May 5th, President Trump announced on Twitter that trade talks between the US and China had stalled because China had tried to renegotiate already agreed-upon portions of the trade deal between the two countries.
As a result, the US increased tariffs on $200Bn of Chinese goods from 10 to 25 percent the following Friday morning, with tariffs on the remaining $325Bn worth of Chinese goods also potentially coming into effect in the coming months.
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