ANZ: Trade War Certainly A Possibility
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US President Donald Trump is threatening to impose import tariffs on steel and aluminum. He’s also asked Beijing for a plan to reduce the US trade deficit with China by $1 billion dollars. Meanwhile, Europe is preparing its own set of tariffs in retaliation.
How will global markets react to such posturing? Khoon weighs in.
Presented by: Tan Chung Han
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Tags: Donald Trump, Trade War, Tariff, Trade Deficit, Europe, China, US Dollar, Yen, Swiss Franc, Safe Haven, Italy, Political Risk, ECB, European Central Bank, Mario Draghi, Monetary Policy, BOJ, Bank Of Japan