Market update:Trump allays trade war fears with 'friends tweet
Monday 9th of April 2018
LAST WEEK – KEY TAKEAWAYSMARKETS VOLATILE BUT POSITIVE AS TRADE WAR FEARS REDUCE
- First week of April a strong one for equities, despite ongoing ‘trade war’ fears between the US and China.
- Donald Trump tweets “President Xi and I will always be friends, no matter what happens with our dispute on trade. China will take down its trade barriers because it is the right thing to do”.
- After the US detailed the $50bn of tariffs on Chinese goods, Beijing responded with its own targeted list. President Xi is set to comment on situation in speech o...
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