2000+60 billion tariff policy landing, aluminum city impact geometry
After a series of tug-of-war negotiations in the previous period, Trump announced yesterday that it will impose a 10% import tariff on Chinese imports of 200 billion US dollars from September 24 (including some aluminum parts (aluminum, aluminum alloy, etc.)). The tariff will increase to 25% from January 1 next year. If China continues to introduce countermeasures, the United States will launch the third phase of the 301 investigation, a $267 billion import product survey. Affected by the news, the road fell about 60 points. Offshore RMB fell sharply against the US dollar, falling below 6.88.
News Date: Sep 20th, 2018 Reported by Doreen.