Last night, Donald Trump expressed in his interview that no agreement on current tariffs has been made with China, due to China’s request. He added Chinese are aware that I will not cancel tariffs however, they are willing to do so for some of them. US president’s talk was contrary to China’s Minister of Commerce…
US China Trade war
US-China Trade war progressive consequences
US is intending to increase customs tariffs on USD 250 billion of Chinese goods starting from October 15 (next week) from 25% to 30%. This has been the driver of trade negotiations this week for both sides to negotiate and try to reach an agreement. At the invitation of the US side, Chinese Vice Premier…
Citi: Gold Price to Jump in Future!
Citi reported that because of lower nominal and real interest rates of global central banks as well as the recession, the result of US-China trade war, will cause the gold price to move up and becomes as expensive as $2000 over the next 1 to 2 years!