US Pres. Trump: Long way to go with China on trade
|U.S. President Donald Trump recently crossed the wires saying that they had a long way to go with China on trade and said that they could impose tariffs on another $325 billion worth of Chinese imports if they wanted to. "China is supposed to be buying U.S. Farm products, we’ll see if they do," Trump stated.
Major equity indexes in the U.S. seem to be reacting negatively to these remarks. As of writing, the S&P 500 and the Nasdaq Composite were down 0.2% and 0.3% on a daily basis while the Dow Jones Industrial Average was erasing 0.12% on the day.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.