Home Moody’s: Latest tariff announcement reinforces view rising trade tensions will continue for prolonged period of time
FXStreet News

Moody’s: Latest tariff announcement reinforces view rising trade tensions will continue for prolonged period of time

Assessing the latest developments surrounding the trade conflict between the United States and China, Moody’s said the following, via Reuters, in a recently published report.

  • US announcement on potential tariffs on $200 bln of goods, China’s response are sign of continued escalation of trade dispute.
  • Latest tariff announcement reinforces view rising trade tensions will continue for prolonged period of time.
  • Economic fallout of such measures would be material for the global economy.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.