Trump has lost his credibility with markets, so take these with a grain of salt:

  • Trump, asked if he’ll play hardball with China: no
  • China, other countries have to make a deal
  • If they don’t make a deal, we’ll set the deal
  • This is a transition period
  • Tariff on China will not be as high as 145%
  • It’ll come down substantially but won’t be zero
Source: Forex Live