What an overnight session for US / Chnia trade tensions!
First, this:
US, China said to see to restart talks to defuse trade war
- Sent 'risk' a touch higher
Then, uh-oh, this:
WSJ: Little progress on US/China trade talks
- which served a heads up to …
Now:
US Treasury is being said to be proposing 25% tariffs (from current proposal of 10%)
AUD/JPY taking a hit on the latest breaking 25% tariff proposal
