As the U.S. tariffs went into effect, China responded with their own tariffs on some imports from the U.S., also worth $34 billion in annual imports. This tit-for-tat action was expected by the markets and European stocks actually opened higher this morning. The Euro Stoxx 600 and Euro Stoxx 50 opened higher, as well as other stocks such as Frankfurt DAX and CAC 40.
Largest Trade War in History begins
Analisi Giornaliera - 06/07/2018