The US President Trump’s tit-for-tat action has escalated the US-China trade war, with further trade risks looming, analysts at ING Bank explain. Key Quotes: “The US-China trade tensions move up a notch with China announcing new tariffs on $75 billion of US goods and the latter retaliating with a hike in the existing and proposed new tariff rates by 5%. The next event risk seems to be President Trump invoking emergency trade powers banning US companies from doing business in China.” 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. View All Post By FX Street FXStreet News share Read Next EUR/USD keeps the bid tone, approaches 1.1150 ahead of IFO FX Street 4 years The US President Trump's tit-for-tat action has escalated the US-China trade war, with further trade risks looming, analysts at ING Bank explain. Key Quotes: "The US-China trade tensions move up a notch with China announcing new tariffs on $75 billion of US goods and the latter retaliating with a hike in the existing and proposed new tariff rates by 5%. The next event risk seems to be President Trump invoking emergency trade powers banning US companies from doing business in China." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.