Without China US farm goods will have nowhere to go - Global Times
|Commenting on the escalating US-China trade tensions, "Without China's market of 1.4b people, US farm goods will have nowhere to go, farm land being abandoned, farmers going bankrupt," Hu Xijin, editor-in-chief of Chinese and English editions of the Global Times, tweeted out.
"US energy products will also lose an infinite market. Chinese auto market is already bigger than the US' all of this doesn't have to happen. I hate trade war."
Markets are now waiting for US President Trump to respond to China's new tariffs on $75 billion worth of US imports.
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.