Did the US-China trade war erupt?
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Well, the theme this time isThe US-China Trade War.
Reuters reports the possibility of additional tariffs by the United States against China.
☆ The amount is tariffs on the scale of 6 trillion yen
☆ More than 100 items including electrical products, communication devices, furniture, and toys are targeted
☆ A policy announcement could come as soon as next week?
In order to reduce the US trade deficit, President Trump's hardline stance is becoming more evident.
There is a expectation to produce some result by the midterm elections this year.
As a result, I personally think the exchange rate may move toward yen appreciation and dollar depreciation.
Note) The above is my personal opinion, and is intended solely to improve financial literacy. Therefore, it is not created for investment solicitation. Also, while the blog content is based on data from reliable sources, the administrator cannot guarantee its accuracy. Please make the final investment decisions at your own responsibility.
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