From Bespoke Investment Group's evening commentary:
Politico reported today (with confirmation from Axios) that the Trump Administration is aiming to impose new tariffs on Chinese imports; $30bn of imports is said to be under threat. That’s equivalent to roughly 8% of total 2017 imports from China. That combined with the firing of Secretary of State Tillerson were enough to send stocks lower and rates down, at least for today.
Post a Comment