February 14, 2025 at 02:29PM
Pres. Trump is focused on reciprocal tears and unfair trade practices to start his 2.0 term . He has imposed 10% tariffs on all China goods. He also announced a study on reciprocal tariffs, and said that reciprocal tariffs will be imposed on countries that tariff US goods.
There will be the fight back.
China’s Wang Yi says that protectionism does not provide a way out and arbitrators produce no winners
In an interesting comment from Mexico’s President he says:
If US declares Mexican cartels terrorist organizations, Mexico will have to expand suits against US gunmakers
This article was written by Greg Michalowski at www.forexlive.com.
Geopolitical comments: China’s Yi says that tariffs produce no winners