Trump has lost his credibility with markets, so take these with a grain of salt:
- Trump, asked if he’ll play hardball with China: No
- China, other countries have to make a deal
- If they don’t make a deal, we’ll set the deal
- This is a transition period
- Tariff on China will not be as high as 145%
- It’ll come down substantially but won’t be zero
This article was written by Eamonn Sheridan at www.forexlive.com.
