The Trader 

Market Outlook: Trump takes ten per cent

The Trader

Yesterday President Trump imposed his threatened 10 per cent import tariff on another $200 billion worth on nearly 6000 Chinese goods; it kicks in on Monday 24th September and will increase to 25 per cent in January.  If China were to retaliate, ‘’we will immediately pursue phase three, which is tariffs on approximately $267 billion [remaining] additional imports’’.

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