1 May 2020
US Pres Trump says he could use tariffs to respond to China
US Pres Trump: us trade deal with China has been “upset very badly” by the coronavirus.
Additional comments
- Says he could use tariffs to respond to China.
- Says declines to say whether he holds xi responsible for misinformation from Shina.
- Says the Shina trade deal now is secondary to what China did with the virus.
- US Pres Trump: US trade deal with China has been “upset very badly” by the coronavirus
COVID-19 and trade wars are not a good recipe for markets and could well be the nail in the coffin for equities and benchmarks attempting to recover from the gravitational pull of a black hole. The dollar is spiking on the news today.