Gold Silver Reports (GSR) – U.S. Tariffs Planned For $300 Billion More – Late Monday, the U.S. Trade Representative’s Office released plans to impose 25% tariffs on the $300 billion worth of Chinese goods that have not been taxed so far. President Donald Trump has been threatening such a move even as he raised tariffs on $200 billion worth of goods to 25% from 10%.
US Trade War
Trade War 2019: Trump Says US-China Relations ‘Very Strong’
Trade War 2019 – That threat was made during talks Friday in Washington, hours after Trump upped the ante by imposing a second round of punitive duties on $200 billion in Chinese goods. China vowed retaliation, but hadn’t announced any details as of Saturday evening in Beijing.
Breaking News : Chinese Media Revises Report, Says China Yet to Take any Action Against US Tariffs
Gold Silver Reports (GSR) – The earlier report by the China Daily has been revised – The media outlet has now come out to change its earlier report here and say that “China will take action against US tariffs” – implying that retaliatory tariffs are yet to have been slapped on US goods as suggested earlier.
Donald Trump Misguided Trade War
Gold Silver Reports (NBR) – Donald Trump Misguided Trade War — U.S. President Donald Trump may sincerely think he’s battling to win Americans a better deal on trade with China. In fact, he’s making a better deal harder to achieve — and threatening to inflict grave economic damage on the U.S. economy in the process.
Gold Prices Ready For ‘Test $1250’ as Dollar Rises
Gold Silver Reports (GSR) – Gold Prices Ready For ‘Test $1250’ as Dollar Rises — GOLD PRICES touched the lowest level since the end of December at $1282 per ounce before bouncing back to $1285 while the US Dollar rose to a 5-month high versus its major peers on the currency markets.