Analysts at ANZ explained that the US announced it will go ahead with imposing 25% tariffs on $50bn worth of goods imported from China (effective from mid-June after a final list of targeted imports is released). Key Quotes: “In addition, the US will impose export controls for goods exports to China and restrictions on Chinese investment into the US. China’s commerce ministry released a statement shortly after urging the US to stick to their previous agreement of a meaningful reduction in the trade surplus and noting that China remains confident it can protect the nation’s interest. The White House statement precedes the US Commerce Secretary’s visit to Beijing later this week to firm up numbers for increased Chinese purchases of US exports.” 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 Japan Retail Trade (YoY) above forecasts (1%) in April: Actual (1.6%) FX Street 5 years Analysts at ANZ explained that the US announced it will go ahead with imposing 25% tariffs on $50bn worth of goods imported from China (effective from mid-June after a final list of targeted imports is released). Key Quotes: "In addition, the US will impose export controls for goods exports to China and restrictions on Chinese investment into the US. China's commerce ministry released a statement shortly after urging the US to stick to their previous agreement of a meaningful reduction in the trade surplus and noting that China remains confident it can protect the nation's interest. The White House… 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.
