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MercoPress, en Español

Montevideo, November 25th 2024 - 00:40 UTC

Tag: China’s economy

  • Friday, June 15th 2018 - 10:55 UTC

    Markets waiting for Trump's announcement on US$ 50bn tariffs against China

    It is not clear when Trump will activate the measures, rising Sino-U.S. trade tensions, and putting additional pressure on China’s economy

    Asian shares wobbled on Friday as investors braced for U.S. tariffs against China, while the Euro flirted with two-week lows after a cautious European Central Bank indicated it would not raise interest rates for some time. U.S. President Donald Trump has made up his mind to impose “pretty significant” tariffs and will unveil a list targeting US$ 50 billion of Chinese goods on Friday, an administration official said. Beijing has warned that it was ready to respond.