With the US tariffs being applied to Europe, Canada, and Mexico, trade issues are front and center and the issue will likely dominate the G7 meeting, according to analysts at BBH. Key Quotes “Ironically, when tariffs have been justified on national security grounds, and yet it appears US allies will bear a considerably greater burden than China. US Commerce Secretary Ross will be in Beijing for more talks this weekend. Renewing the threat of tariffs on $50 bln more of Chinese goods on the eve of the meeting would seem to poison it before it began after the clear indication that a negotiated settlement was sought. Separately, CNBC and Germany’s WirtschaftsWoche reports that Trump wants to impose a total ban on German luxury cars. Reportedly Trump told Macron this last month. Note that German automakers, including Mercedes (Alabama) and BMW (S.Carolina), produce cars in the US.” 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 USD/JPY: Greenback is well supported by bulls in the 109.50 region FX Street 5 years With the US tariffs being applied to Europe, Canada, and Mexico, trade issues are front and center and the issue will likely dominate the G7 meeting, according to analysts at BBH. Key Quotes "Ironically, when tariffs have been justified on national security grounds, and yet it appears US allies will bear a considerably greater burden than China. US Commerce Secretary Ross will be in Beijing for more talks this weekend. Renewing the threat of tariffs on $50 bln more of Chinese goods on the eve of the meeting would seem to poison it before it began after… 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.
