Not only to the rest of the world but also the Trump administration was also taken aback by the US President Donald Trump’s surprise tariff announcement on Thursday. Bloomberg report quotes several people familiar with the discussion while saying that the President Trump ruled out Treasury Secretary Steven Mnuchin’s recommendation on giving Beijing advance notice of his intent to slap a new 10% tariff on $300 billion in Chinese goods in an Oval Office meeting before he announced the duties. FX implication While the news shows the US President Donald Trump’s aggression towards the trade war with China, likely fueling safe-havens and exerting additional downside pressure on the Antipodeans, it had no major impact at the time of publishing. 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 AUD/USD nosedives to fresh 7-month low amid trade tension, all eyes on Aussie data FX Street 4 years Not only to the rest of the world but also the Trump administration was also taken aback by the US President Donald Trump's surprise tariff announcement on Thursday. Bloomberg report quotes several people familiar with the discussion while saying that the President Trump ruled out Treasury Secretary Steven Mnuchin's recommendation on giving Beijing advance notice of his intent to slap a new 10% tariff on $300 billion in Chinese goods in an Oval Office meeting before he announced the duties. FX implication While the news shows the US President Donald Trump's aggression towards the trade war with China, likely fueling… 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.
