market impact won’t just depend on the size of the tariffswill be shaped by how countries respond—through retaliation, fiscal measures, tax changes or even currency moves like a yuan devaluation
That warning looks increasingly timely. Just yesterday, news broke that China, Japan and South Korea are reportedly preparing a coordinated response to any future U.S. tariff actions. A joint retaliation effort by Asia’s three largest economies would mark a significant escalation in global trade tensions, potentially fuelling market volatility and complicating central bank policy paths.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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