TRADE in ACTION
On the US side: President Trump revealed his intention to impose additional tariffs on Chinese imports Tuesday night. A few hours later, China struck back with an announcement of retaliatory tariffs on $50 billion worth of US goods imports, mainly concentrated on agricultural produce.
March madness seems to transcend from sports to trade these days…
On the US side: As the US President releases more details on the upcoming tariffs, there has also been considerable concern surrounding the national security justification behind the tariff package, as it might be creating precedent for other countries to do the same. President Trump also spoke with the leaders from Argentina, Australia and France and signaled progress made with Australia in reaching an exemption agreement on the tariffs.
At the Munich Security Conference IMF managing director Christine Lagarde elaborates on the ingredients of the global economy. Full interview here.
Sweet: Steady and synchronized growth, driven by all engines: consumption, investment, trade. Employment.
Sour: Financial vulnerabilities, inconsistent economic policies, government debt, geopolitical risks.
Bitter Sweet: Increasing income and wealth inequality.
More Key Quotes and Speeches and Remarks from the Munich Security Conference.