Trump wants to proceed with $200 billion tariffs with China
According to 4 people familiar
A report from 4 people familiar with the situation, Pres. Trump told aides to proceed with the $200B of additional tariffs on China exports to the US. This is on top of the $50B already being enacted.
This is consistent with the comments from Pres. Trump yesterday.
- US stocks have moved lower.
- The USDJPY moved lower
- AUDUSD and NZDUSD are getting hit too.