The Trader 

Market Outlook: Tariffs take effect today

The Trader

The parts might have been sourced from anywhere, shipped across the world, and then out again, but if it says Made in China on 279 product categories, the US will impose new tariffs as from today.  Needless to say, the Asian giant has retaliated penny for penny on US steel, cars and medical equipment.  It ‘resolutely opposes’ the tariffs and will file a complaint at the World Trade Organisation – a body that some say is already dysfunctional.

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