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Re: China, China, China!

#11
navid110 wrote:
Tue May 14, 2019 12:10 am
China to impose tariffs on $60 billion of U.S. goods

HONG KONG (Reuters) - China plans to impose tariffs on $60 billion worth of U.S. goods, the finance ministry said on Monday, after the United States escalated a bitter trade war with a tariff hike on $200 billion of Chinese products.

China will impose tariffs on a total of 5,140 U.S. products from June 1, the ministry said in a statement on Monday.

https://www.investing.com/news/economy- ... ds-1866068


ps: Since the release (past hour) (Risk aversion)
JPY :thumbup:
CHF :thumbup:
Crude :thumbup:
XAU/XAG :thumbup:
Haha thanks Nav! :!:
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Re: China, China, China!

#12
navid110 wrote:
Tue May 14, 2019 12:10 am
China to impose tariffs on $60 billion of U.S. goods

HONG KONG (Reuters) - China plans to impose tariffs on $60 billion worth of U.S. goods, the finance ministry said on Monday, after the United States escalated a bitter trade war with a tariff hike on $200 billion of Chinese products.

China will impose tariffs on a total of 5,140 U.S. products from June 1, the ministry said in a statement on Monday.

https://www.investing.com/news/economy- ... ds-1866068


ps: Since the release (past hour) (Risk aversion)
JPY :thumbup:
CHF :thumbup:
Crude :thumbup:
XAU/XAG :thumbup:
I dont know why I put the Crude under "Risk Aversion" category !!. Its reversal guys. Sorry for misleading

Breaking: China announces new tariffs on $75 billion worth of US goods, USD/JPY drops sharply

#13
Breaking: China announces new tariffs on $75 billion worth of US goods, USD/JPY drops sharply

USDJPY-23-August-2019-Drops-From-China-News.png

Confirming Global Times' earlier reports, China has recently announced that it is planning to raise import tariffs on some US imports, per Reuters.

"New tariff rates will apply to about $75 billion worth of US goods," China stated. "New tariff rates imposed on some US goods will be ranging from 5% to 10% and will take effect on September 1 and December 15."

With the initial reaction to this announcement, the USD/JPY erased its daily gains and was last seen trading at 106.42. Meanwhile, the US Dollar Index is still up 0.13% on the day at 98.33.

Sources: https://forex-station.com (Chart) & https://www.fxstreet.com/news/breaking- ... streetnews (Article)
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