Trump Tariffs Resurface in U.S.-China Trade Relations

Reported about 9 hours ago

The U.S. and China have rekindled a trade war as new tariffs are enacted, with the U.S. imposing a 10% tariff on Chinese goods and China retaliating with a 15% tax on U.S. imports. Currency reactions have included a recovery of the Mexican peso and Canadian dollar, while markets remain volatile. With upcoming earnings reports from major companies and significant labor market data on the horizon, the broader implications of these tariff actions continue to create uncertainty in financial markets.

Source: YAHOO

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