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As negotiations with China over a phase one trade deal continue, the critical 15% December 15th tariffs on about $165 billion of Chinese imports (covering products like iPhones, apparel, and toys) near. While it certainly seems financial markets are rooting for President Trump to postpone the tariffs, this ongoing conflict with China is more important than a few Dow points. And despite all the doomsday proclamations, the stock market is near an all-time high while over $350 billion of Chinese imports face tariffs. That is why Trump should feel no pressure to strike a deal and should implement these tariffs.Ultimately,…

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