USTR says US will begin to collect the additional duties of 25% on China imports on Aug 23

This on 16bn USD of goods imports from China, the 2nd round of tariffs on Chinese products.

This, of course, had been flagged in advance. Its not a positive for 'risk' but its impact muted by the lead time, we knew it was coming.

There are proposals for even more but they are yet to come (awaiting public comment etc … )

investingLive Premium
Telegram Community
Gain Access