Just days after the announcement of resuming trade talks, the U.S. had threatened to impose over 400% tariffs and Vietnam steel, believing rerouting products from the third countries.
Keep Eyes on Petrochem-Transport Stocks as Trade Talks Renewal to Make a Possible Rebound
Donald Trump and Xi Jinping have agreed on a truce to resume their trade talks after a break down last month.
Trump had agreed to meet Xi with no pre-conditions while maintaining the threat to impose new tariffs on Chinese goods worth $300 billion if the talk fails.
U.S.-China Cool Trade War Tension, Calling for Truce ahead of the G20 Meeting in Osaka
Trump threatens China on increasing tariffs on all remaining Chinese imports worth $300 billion if the trade talk at G20 summit fails.
U.S. Potentially Delays China Tariffs after Resuming Talk of Trump and Xi at G20 summit in Japan.
The Office of Industrial Economics has reported a decline of 4% in Thai Manufacturing Production Index (MPI) in May, exceeding all analysts’ estimation.
BOJ Follows Fed to Maintain the Monetary Policy, Avoiding to Take Global Risks
Stocks in Asia all made a high jump after Trump tweeted that he and Xi will meet at G20 while their delegates will resume the talk ahead of the meeting.
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