From an interview on ABC:
- Electronics products will be part of upcoming sectoral tariffs
- Pharma tariffs also coming in the next month or two
- US has had ‘soft entrees’ through intermediaries with China on tariffs
- Not concerned about the US dollar
There were some real hopes building for a strong open in tech stocks based on the earlier tariff reversal but now we’re reversing the reversal. Of course, we could still have 5-6 more changes of heart in the interim.
This article was written by Adam Button at www.forexlive.com.
