If you think you’re going to remain unaffected by the U.S. – China trade war, you’re going to need to think again. The two nations have agreed to, once again, talk and come to terms over the imposing of tariffs on imported goods. First, it was Trump that wanted to tax over $200 billion worth of Chines products. Now that China has made a firm threat to retaliate, the U.S. decided to play it safe and offer a reevaluation.
The goal of this new meeting is to “restart trade talks.” I’m hoping this stems from President Trump realizing the enemy he was making that could easily tank our economy. But the good news is that, on the announcement that trade talks would resume, the yuan currency as well as Chinese stocks took a bump in the upward direction.
Trump may continue to claim there is “no pressure” from China in terms of trade talks, but if lead White House economy specialists are taking matters into their own hands to address the situation… well that’s a clear indication of a problem at large. I’m sure this won’t be the last time we cover this ongoing trade war, so make sure to check out the full list of videos above to get all the details.
