US: Trade tensions with China resurfacing – Deutsche Bank

Analysts at Deutsche Bank notes that in the US, trade tensions with China are resurfacing ahead of next weeks’ trade talks (the 3rd round) as overnight, the White House said a final list of tariffs on $50bn of Chinese imports will be released by 15 June and the tariffs will be imposed “shortly thereafter”.

Key Quotes

“Further, new restrictions on Chinese investments will be announced by June 30 and also implemented shortly after. On the other side, China’s Commerce Ministry said the US announcement was both surprising and within expectations, but China is “confident….and has the experience to protect its interests”.”