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Investors in the Latin American region, together with other world markets anxiously await the resolution of trade conflict between the US and China. If at first the markets were dominated by the conviction that the final agreement between the parties will be signed in the near future, then investors re-established pessimism, aided by the threat of U.S. President Donald trump.
trump stated that he is ready to increase to 25% from the current 10% import duties on some Chinese goods entering the United States. However, he did not rule out the possibility of imposing new duties on some Chinese goods, which previously were not subject to duties.
Now market participants are trying to assess trump's words, and wondering whether his threats are real or he deliberately uses them to reinforce its position in trade negotiations with China. Anyway, the Chinese authorities have already declared that can cancel the next round of negotiations, from which the market expected the final agreements between the two countries.
as for the domestic factors in individual countries in the Latin American region, it is possible to note the proposal of Venezuela to create with the participation of Russia and China, alternative money transaction to be able to transfer funds in the face of opposition from the United States.
Market, USA, dollar, oil, ruble, Forex club
Not found economic events 2019-05-06 for 2019-05-06
pop up blocker author: vadim.kovalenko
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