US President Donald Trump is reportedly going to be making a decision on whether or not to impose tariffs on Chinese goods this Thursday.
Trump will be meeting with his advisors sometime during Thursday's US session, and if he decides to give his waiting-in-the-wings tariff packages targeting billions of dollars in Chinese goods the go-ahead, markets could see action from the White House as soon as Thursday.
The sudden urgency in moving forward with trade tactics against China could be coming as the US Senate prepares to make moves to block the Presidency from using "national security" bypasses to impose trade sanctions and tariffs on foreign countries without Senate approval, a tactic that has become a hallmark of Trump's trade strategy.
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 securities. 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 Forex 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.