China and the US Exchange Duties

Economic News
04 thg 4, 2018
China and the US Exchange Duties

Trade relations between the US and China remain strained, since 1,300 kinds of Chinese products have come under the tariff plan published in the United States. One of the priorities in the tariff plan was the high-tech industries such as robotics, aerospace, among others, since the US accuses China of violating intellectual property rights. In this regard, Asian stocks are under intense pressure.

In turn, China has introduced additional duties on US exports in the range of 15-25%.

Despite the IMF's call to China about the need to eliminate the concerns of their trade policy, the Chinese ambassador said that the response will be proportional to the introduction of new US tariffs.

Energy prices since the beginning of the trading week continue to go down. At the moment, the price of Brent crude oil is USD 67.2 per barrel. In addition, today we expect the publication of US crude oil inventories data.

SuperForex
Dollar Strengthens for Now

Economic News

Dollar Strengthens for Now

The US currency marked gains against the yen and euro.

SuperForex
03 thg 4, 2018
Stock Indices Under Pressure

Economic News

Stock Indices Under Pressure

SuperForex
03 thg 4, 2018
China Imposes Tariffs on US Products

Economic News

China Imposes Tariffs on US Products

It seems the two countries are headed for a trade war.

SuperForex
02 thg 4, 2018