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June 18, 2018
Volatility Alert: Trump Ignites Trade War with China
Donald Trump’s new tariffs on $50bn of Chinese imports have run into stiff opposition from US business leaders.
On Friday, Trump approved a 25% tariff on $50bn of Chinese goods.
China has since retaliated with its own set of taxes and has encouraged other countries to take “collective action” against the US.
So far, this new tariff has caused Asian shares to fall and has added pressure on oil prices.
Take advantage of Trump’s $50bn tariff!
