Washington Post with the report:
- President Trump is preparing to impose a package of $60 billion in annual tariffs against China
- package could be applied to more than 100 products, which Trump argues were developed by using trade secrets the Chinese stole from U.S. companies or forced them to hand over in exchange for market access
- plans to unveil by Friday
- confirmed by four senior administration officials.
- situation remains fluid
more at that link to the WaPo, above
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As I posted earlier, AUD remains very vulnerable while trade protectionist speculation swirls
