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China hits back with a 60bn tariff of their own

September 18, 2018

The US continues to go back and forth with China on trade tariffs. After Trump stated it would impose a 10% tariff on $200bn worth of goods on China, China has retaliated this morning with a $60bn tariff of their own on the US. This is effective September 24th. The greenback was lower overnight but seems to have found...

Today's expected ranges:

USD / CAD
1.2992 - 1.306 ▼

EUR / USD
1.1667 - 1.1724 ▲

GBP / USD
1.3119 - 1.3171 ▲

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