US-China trade war: tariffs set to rise when deadline passes but talks to continue – Business live

Asian shares pull up from two-month low ahead of looming deadline Asian shares inched up from two-month lows on Friday, hours ahead of the Trump administration’s plan to raise tariffs on Chinese imports, as investors waited to see if negotiators can salvage a deal and avoid a sharp escalation in the trade war.

Boom or bust? Depends greatly on the big two. :)

Trump will cave, he always does, if he gets fleeced by Kim, the Chinese will take him to the cleaners. Then Trump will claim a great victory.

Ça s'appelle : pragmatisme commercial..

*Trump Wins Tariff Oscar* The Gold Milk? award for the worst performance by a celebrity manipulating global tariffs goes to President Trump. The award was named in honor of one of the hardest hit groups from the ill-considered tariff war, the U.S. dairy farmers.

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