Posts Tagged "trade war first shots"

Trade war first shots have been fired

Posted By Darren Winters on Jul 11, 2018

Trade war first shots were fired last week with the US Trump administration imposing $34 billion of tariffs of Chinese goods on Friday (July 6). US Customs began collecting the import duties at 12:01 am. Founder of the world’s largest hedge fund Ray Dalio tweeted, “the first day of the war” with China has begun. Indeed, a trade war with China is now underway. Hope for the best but expect for the worse. Those pundits who believed...