US President Trump accuses China of flooding US market with subsidised goods
Newsquawk Staff ·
Says
- Canada has ripped us off for many years but not anymore.
What it means
President Trump's accusations against China could signal rising trade tensions, which historically lead to increased volatility across equity and FX markets. This rhetoric may influence investor sentiment and could drive capital flows into safe havens like gold or the Japanese yen, while weakening risk assets due to concerns over prolonged trade conflicts.
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