Analysts at the Royal Bank of Scotland note that the US President Trump upped the ante in US-China trade negotiations last week, jacking up tariffs on $200bn worth of Chinese goods from 10% to 25%. Key Quotes “Earlier hikes in tariffs have had, to date, a limited impact. A combination of the tariffs being devised to be felt by Chinese suppliers, a falling Chinese currency and producers accepting smaller margins blunted their efficacy. This time it might be harder to insulate US consumers from the effects, a little upward pressure on prices may be unavoidable. Who has more to lose?” “Well, Chinese exports to the US are equal to about 2.5% of China’s GDP. For the US it’s much smaller, around 1%. But that’s just one angle to the trade war, there are a host of others.” 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 TRON Foundation provide details on scandalous CTO dismissal FX Street 3 years Analysts at the Royal Bank of Scotland note that the US President Trump upped the ante in US-China trade negotiations last week, jacking up tariffs on $200bn worth of Chinese goods from 10% to 25%. Key Quotes "Earlier hikes in tariffs have had, to date, a limited impact. A combination of the tariffs being devised to be felt by Chinese suppliers, a falling Chinese currency and producers accepting smaller margins blunted their efficacy. This time it might be harder to insulate US consumers from the effects, a little upward pressure on prices may be unavoidable. Who has more to lose?"… 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.
