Trump: Expect US-China Trade comment after closing bells

17.09.2018 / 22:23

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Decline in US indices after Donald Trump said he would make a statement on trade relations with the United States after the closing of stock markets - 23:00 GMT+2.

The US President is expected to announce a 10% levy on goods worth $200 billion.

S&P declined by more than 12.34 points
Nasdaq is down by 83.11
Dow is down by about 66 points

JPY marks an increase against major currencies

Trump added, "I have great respect for President XI, but the trade deficit in the US is too big and we can not go on like that"

We look forward to the President's statement, and we will most likely witness the introduction of new tariffs that will provide a good opportunity to shorten Asian stock indices, especially in China.

Source: CNBC

Photo: Trump Twitter

Trader Petar Milanov

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Trump: Expect US-China Trade comment after closing bells

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