US tariff hike to 25% on China will still occur in March or beyond – Goldman Sachs

Dhwani Mehta FXStreet

Goldman Sachs' Analysts off their afterthoughts on the latest US-China trade armistice agreement, Chinese economy and commodities prices.

Key Quotes:

“US-China tensions on trade a key weight on the price of industrial commodities.

Metal prices should move higher on the weekend agreement … 'at least in the very near term'.

Near a 'trough' for China data

But parts of the economy to remain heavy in the coming month

Credit easing should benefit the economy after Q1 of next year

Just over 50% probability that US-China talks will falter when they reach more difficult issues

Tariff increase to 25% will still occur in March or beyond.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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