So you thought the trade war was over? We are just gettting started.
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That can easily change now that everything will be tariffed by Dec. 15, when the final round of Trump's decisive $300 billion in new tariffs goes into effect.Back in the day when Americans of all stripes loved The Donald. Here, the"For Sale By Owner" Episode of the Fresh Prince of Bel Air with Will Smith. Trump's made the China trade war must-see TV. Markets would love for this show to end.
Some 130 companies have requested licenses to sell to Huawei, according to a Reuters article last week, but the Trump Administration has not yet granted any. Moreover, Trump is trying to complete a trade deal with Japan, and there is the potential for one with the U.K. if Brexit ever comes to pass. There is a real risk of Washington pressuring public pension money out of the major indexes weighted to China.
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