Early Thursday morning in Asia, the US Trade Representative’s office (USTR) marked its disagreement with the US Court of International Trade’s decision supporting China.
Key quotes
Strongly disagrees with the US Court of International Trade’s decision to reinstate tariff exception for certain solar panel imports from China and elsewhere.
Market implications
This adds to the already gloomy scenario for the US and Chinese relations and weighs on the market’s risk-tone sentiment. As a result, S&P 500 Futures drop 0.15% to 3,032 by the press time.
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