Mitul Kotecha, Head of Asia FX and EM Macro Strategy at Barclays, explains why he thinks the Chinese authorities will have to depreciate the currency to mitigate the impact of tariffs.
All countries totally stop trade with usa.
All countries can trade with china that has every thing and name it had it, no tariff.
Easy reciprocating trade , no tariff.
They also can buy oil from russia and Iran does not need usd.
Why not?
Tarrif on American goods too though… No one wins in trade war except the innocent customers that bear the price hike.
America first , American want only made in USA products… simple and clear………..
interestingly no one talks about taking the US to WTO if tariffs come on
Because everyone know WTO serves US interest.
Which means it’s time to visit China and buy stuff there.
exactly!
I truly want to see Trump apply those Tariffs. I want to see something😂
Me too. It would spell the end of the American empire for sure. Sadly I don’t think his team would let him do it though.
With all tye pomp and arrogance, Trump declared the tariff on China.. But why do i sense american fear and helplessness😂😂
All countries totally stop trade with usa.
All countries can trade with china that has every thing and name it had it, no tariff.
Easy reciprocating trade , no tariff.
They also can buy oil from russia and Iran does not need usd.
You Chinese man telling the world what to do? Haha
Trump tariffs will kill US tariffs
yuan weakening to 8.42 would be helping china export even more stuff… no?
Pretty much
No it will send it to 80.Bloody nonsense.
lots of us companies have lots of income fron China, then their profits gonna take a hit
If China just start dumping the US bonds what will the dollar projection look like?!