NewsTrump tariffs 2.0 – be careful what you wish for

November 26, 2024by 0

President-elect Donald Trump is on a roll on his own social media platform, promising that when he takes office…
… China will have to be charged more to do business with the USA.
Bad news for the trade?
Yes and no.
Stamping a 10% tariff on China is below expectations “of 20% to 30% that markets expected“, Kinger Lau, chief China equity strategist at Goldman Sachs told CNBC today. But that follows Trump’s remarks …

The post Trump tariffs 2.0 – be careful what you wish for appeared first on The Loadstar.

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