The burgeoning trade war between China and the US is ‘likely to get worse before it gets better’, according to Investsmart’s Evan Lucas. America is poised to impose a 15 per cent tariff on a raft of Chinese imports on Sunday, including popular consumer goods like televisions and smartphones. The move is part of President Trump’s plan to impose $300 billion worth of tariffs on Chinese goods by the end of 2019, with Beijing vowing to retaliate by imposing its own tariffs against US goods. Mr Lucas told Sky News markets need to brace for the "likelihood" that a tit-for-tat trade war will continue for the rest of the year.
from National | Daily Telegraph https://ift.tt/32iUux2
Post Top Ad
Responsive Ads Here
Saturday, August 31, 2019
Trade war ‘likely to get worse’
Tags
# National | Daily Telegraph
Share This
About Unknown
National | Daily Telegraph
Labels:
National | Daily Telegraph
Subscribe to:
Post Comments (Atom)
Post Bottom Ad
Responsive Ads Here
Author Details
Templatesyard is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of templatesyard is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog.
No comments:
Post a Comment