RATE Group | US open – Tariff, Trump in UK, gold, oil, bitcoin
70676
post-template-default,single,single-post,postid-70676,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

US open – Tariff, Trump in UK, gold, oil, bitcoin

02 Dec US open – Tariff, Trump in UK, gold, oil, bitcoin

Posted at 20:10h in Bitcoin News by

[ad_1]

Stocks Turn on US Tariffs

Stock markets have turned red on Monday after Donald Trump unexpectedly announced that tariffs on steel and aluminum would be reimposed on Argentina and Brazil.

Source – Thomson Reuters Eikon

The announcement came as the President accused both countries of manipulating their currencies to the detriment of US farmers, once again employing the one-size-fits-all approach to trade matters.

I’m not sure many would agree that the movements in those currencies is a case of manipulation but then, Trump has never been particularly concerned about that. Whether his reasoning is justified has always come a distant second to his desire to level the playing field. If anything, the debate simply amplifies his message that he’s fighting for farmers. Win, win!

Conservatives hoping for no Trump NHS gaffes

Trump heads to the UK this week at a very sensitive time for politicians as the public prepares to head to the polls. Trump has never been…

[ad_2]

Source link

Tags:
, , , , , ,