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Stock impact report

China Trade War Update: Does Anybody Know What's Going On? [Forbes]

Barclays PLC (BCS) 
Company Research Source: Forbes
China Trade War Update: Does Anybody Know What's Going On? An Evergreen Line refrigerated container is lifted by a ship-to-shore crane at the Port of Savannah in Savannah, Georgia. The trade war has done nothing to curtail Chinese imports. Hundreds of U.S. companies have filed for exemptions from tariffs to no avail. (AP Photo/Stephen B. Morton, File) The China trade war is on pause again. New tariffs, which were supposed to double on March 2, are part of a new ceasefire agreement between Beijing and Washington. Is it a 60-day trade truce? Is there no timeline on it? Nobody knows. ARTICLE CONTINUES AFTER ADVERTISEMENT This Chinese trade war is a moving target. Market insights on the subject seem to change every third day. We went from Trump and Xi Jinping ready to sign a “great deal” at the Mar-a-Lago resort in Florida in March to Trump and Xi ready to sign something that looks kind of like a deal at the Mar-a-Lago resort in April to maybe Xi is not coming China and the U.S. battling Show less Read more
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