Analysts at Danske Bank note that US Trade Representative Robert Lighthizer has now officially stated that the Trump administration is considering increasing the tariffs from 10% to 25% on UDS200bn worth of imported goods from China. Key Quotes “The hearing period has been extended from 30 August to 5 September.” “The hope is probably to force China back to the negotiation table but China has said that blackmail would not work and that the Chinese leadership is ready to retaliate against any protectionist measures taken against the country.” “We still think it is difficult to see the two countries reaching a deal this side of the US mid-term elections in November.” 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 SBI Crypto Investments buys a 12% stake in a US firm as a plan to launch crypto derivatives trading FX Street 5 years Analysts at Danske Bank note that US Trade Representative Robert Lighthizer has now officially stated that the Trump administration is considering increasing the tariffs from 10% to 25% on UDS200bn worth of imported goods from China. Key Quotes "The hearing period has been extended from 30 August to 5 September." "The hope is probably to force China back to the negotiation table but China has said that blackmail would not work and that the Chinese leadership is ready to retaliate against any protectionist measures taken against the country." "We still think it is difficult to see the two countries reaching… 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.
