Yesterday China, today EU car tariffs! Video outlook (german)

What crazy markets we have these days! Only the day before yesterday the sell-off because of the Fed, then the euphoria yesterday because of weak US economic data, which would allegedly force the Fed to lower interest rates more strongly after all. But the euphoria was suddenly over when Trump announced in a tweet 10% tariffs on the remaining imports from China from September 1st – now the talks between the two major powers threaten to collapse again. Because China had not been informed before. Tonight the White House has announced that Trump will make a statement on trade with the EU at 5.45 p.m. (German time) – this sounds very much like customs tariffs on cars from the EU! This would open the next front in the trade war.

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