• China behaviour is completely unacceptable.
  • We have other tools if the tariff ruling "goes the other way" as well.
  • Tariffs litigation not hurting trade negotiations.
  • I had emails and texts from foreign officials saying, "we're just going to keep negotiating with you as before".
  • The US is very focused on monitoring China compliance on trade.
  • Efforts for a Trump-Xi call ongoing.
  • China slow on removing some tariffs countermeasures.
  • We have a standing call with the Indian trade minister every day.
  • We haven't seen expected flow of China critical minerals.
  • I am to meet EU counterpart early next week.
  • We are not seeing major changes in China's behavior on trade.
  • The US should have control over its critical sectors.

This echoes the sentiment coming from Trump. Markets continue to fade negative news on the tariffs front given that everyone's now convinced that Trump Always Chickens Out (TACO).

Jamieson Greer
Jamieson Greer
Source: Forex Live