Trump slump drags the world along

Abn Amro
Door september 3, 2019 12:01

Trump slump drags the world along

US-China tensions escalated further a week ago. In response to fresh US tariffs (10%) on USD 300bn of imports from China announced on 1 August (to be implemented in two stages on 1 September and 15 December), China retaliated on 23 August. Beijing presented 5-10% tariffs on USD 75bn of US goods and reintroduced tariffs on US cars and car parts. The US responded immediately by raising existing tariffs over USD 250bn of Chinese goods from 25% to 30% (per 1 October) and by hiking the proposed tariff rates on the remaining USD 300bn from 10% to 15%. Strikingly, in a tweet president Trump ordered US companies to look for alternatives to China, a new element in the US-China conflict that would lead to a further decoupling of the world’s two largest economies. 

Abn Amro
Door september 3, 2019 12:01

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ING Investment Office wint opnieuw de award voor beste sectorallocatie! Het Maandbericht beleggen met onze actuele calls lees je hier: https://www.ing.nl/particulier/beleggen/beursnieuws-en-actualiteit/maandbericht/index.html https://twitter.com/AssetAllocatie/status/1227149690585612288

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De winnaar van de Asset Allocation Awards #EquitiesSector is ING Investment Office met het maandrapport 'Maandbericht beleggen'.
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Download nu de Asset Allocatie Consensus >>
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De winnaar van de Asset Allocation Awards #Overall en #AssetAllocation is Aberdeen Standard Investments met het maandrapport 'Global Outlook'.
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De winnaar van de Asset Allocation Awards #EquitiesSector is ING Investment Office met het maandrapport 'Maandbericht beleggen'.
Gefeliciteerd! @INGnl_IO #AAA2020

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