US trade deficit – Charm

Asian markets mixed as traders weigh Trump’s latest tariff salvo

Donald Trump warned he will impose 25 percent tariffs on imports of steel and aluminium (STR) Equities were mixed in Asia on Monday after Donald Trump ramped up his trade war by announcing huge tariffs on steel and aluminium imports and warned every country would face “reciprocal” levies. Another week got off to an uncertain…

China News

PAG Co-Founder Sees Trade War Benefiting China in the Long Run

Cs news8 months ago08 mins

Rising protectionism globally and a deeper trade war with the US may give China the much-needed push to bolster domestic consumption, said Weijian Shan, who chairs one of Asia’s largest alternative asset managers. An escalation of trade conflicts would spur China to reorient its economy “away from investments and exports in the direction of private…