Friday, August 2, 2019

Feels Like A Mexican Border Tactic...

Yesterday's China tariff news that roiled the market is starting to feel like a Mexican border tactic (the 5% threat that got Mexican authorities to Washington the next day to "make a deal"), based on this from CNBC this morning:

"Trump is "open to delaying or halting the 10% tariff on 9/1" if China were to take action between now and then"
China's a much different actor, with far different political pressures at home...

No comments:

Post a Comment