Markets remain risk-averse as a global tariff war seems inevitable, with US President Donald Trump affirming 25% tariffs on Canada and Mexico effective on Tuesday while he already signed the order to raise China tariffs to 20%.
In response, China’s Commerce Ministry and the Canadian prime minister’s office confirmed retaliatory tariffs on the US, triggering a tit-for-tat situation, which could translate into a full-fledged trade war
In response, China’s Commerce Ministry and the Canadian prime minister’s office confirmed retaliatory tariffs on the US, triggering a tit-for-tat situation, which could translate into a full-fledged trade war
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.