donderdag 1 augustus 2019

New Trump Tariffs on China

Trump imposed another 10% of tariffs on $300 billion of Chinese goods.

You know what this means:
- lower GDP
- higher inflation and gold prices
- lower oil prices
- weaker USD
- higher trade deficits

Powell didn't manage to weaken the U.S. dollar so Trump is now doing it himself with the only weapon he has: "tariffs".







Geen opmerkingen:

Een reactie posten