Saxo Market Call US and China are slipping into an economic war
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Apr 11, 2025 Explore the evolving economic tensions between the U.S. and China as tariffs shape global trade dynamics. Delve into how supply chain disruptions influence inflation and consumer behavior. Discover the impacts of market volatility amid trade frictions, affecting commodities like crude oil and gold. Tune in for insights on currency trends, with a focus on Australia and China, as economic indicators and U.S. monetary policy add complexity to the landscape. Will diplomatic efforts bring a resolution, or are we in for a prolonged standoff?
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US-China Economic War
- The US and China are in an economic war after Trump's tariff announcements.
- There's a 90-day pause to negotiate, but the conflict impacts global markets.
Tariffs as Embargo
- The current trade war is not just tariffs; it's an embargo.
- Tariffs of 145% mean the US doesn't want to trade with China.
Uncertainty in the Administration
- The US administration seems uncertain about the tariffs, creating confusion.
- Even Trump's trade representative was unaware of the U-turn.