Trade Optimism Shaken by US Tariff Escalation

07/05/2019 11 min
Trade Optimism Shaken by US Tariff Escalation

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Episode Synopsis

From early November until last week, CBOT markets enjoyed a US-China trade war hiatus as China initiated goodwill purchases of US agricultural goods, the US withheld tariff hikes, and both sides sought a negotiated settlement. ACMR analyst Michael Magdovitz and G&O analyst Lief Chiang discuss how that calm was shattered by Sunday's statement from President Trump to raise tariffs on Chinese goods. Join Michael and Lief to hear about the near-term impacts and price risks from this latest trade war escalation. Please read our disclaimer here: https://www.rabobank.com/knowledge/disclaimer/011417272/disclaimer