Below is a synopsis of this investment report:
The markets have reacted sharply to the recent news on the trade wars. It’s up. It’s down. It’s flat. It’s hard to make any sense of what is taking place. Here’s a recap of the recent spat: The Trump administration published a list of about 1,300 Chinese exports worth approximately $50 billion annually to be charged with a 25% tariff. China’s Ministry of Commerce responded by announcing plans to impose its own tariff of 25% on $50 billion worth of U.S. exports. Among the affected products are aircrafts, cars and soybeans. It’s important to note that these tariffs have not yet taken effect and remain open for debate. Nevertheless, this exchange of tariffs has the markets fearing the uncertainty of whether this could escalate into a full-blown trade war…
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