Raoul Leering, head of international trade analysis at ING, points out that the US President Trump added yesterday accused China of trying to renegotiate and threatened to hike tariffs to 25% on the $US 200 bn package of imports from China that were subject to a hike of 10% last September. Key Quotes “Among other things China and the US still have to agree on an enforcement mechanism. The US wants to be able to punish China with renewal of tariffs if China does not live up to their side of the deal. China does, according to press statements, not accept a one sided mechanism in which it is not allowed to retaliate tariff hike by the US.” “In our view Trumps tweets are a negotiation strategy.” “Trump plays hard ball, but the renegotiation of NAFTA has shown that he is prepared to water down some of his toughest demands.” 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/CNY still seen at 6.90 by end-2019 – Commerzbank FX Street 3 years Raoul Leering, head of international trade analysis at ING, points out that the US President Trump added yesterday accused China of trying to renegotiate and threatened to hike tariffs to 25% on the $US 200 bn package of imports from China that were subject to a hike of 10% last September. Key Quotes "Among other things China and the US still have to agree on an enforcement mechanism. The US wants to be able to punish China with renewal of tariffs if China does not live up to their side of the deal. China does, according to press statements, not… 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.
