Whiplash 1—Additional Tariff Increases from China and the U.S.
On Friday, August 23rd, China’s Ministry of Finance announced it would increase tariffs on $75 billion of U.S. exports to that country. With that announcement, the administration hit back by increasing tariffs, already in place from 25-30% on October 1. It would then further increase the proposed new tariffs implemented on September 1 and December 15.
Whiplash 2—U.S. Threats to U.S. Companies in China
Click below to read the latest article from SkyView Investment Advisors Chief Investment Strategist, Andrew Melnick.