Trade war -will cooler heads prevail ?( OANDA Trading Podcast with BFM Radio KL )
Stephen Innes, Head of Trading in Asia-Pacific, OANDA, Singapore
On July 6, the US imposed a 25% import tariff on US$34 billion worth of Chinese goods. China has since retaliated, and accused the US of igniting ‘the largest trade war in economic history’. Stephen comments on how trade tensions are affecting market sentiment, versus the economic fundamentals of the world’s two largest economies.