I can see the argument for a better or a worse-than-expected announcement today. One thing I'm sure of is that this won't be the end of tariff threats, negotiations and fighting. There's this longing for certainty in markets and, unfortunately, I think we are going to be waiting for a long time for any clarity on how imports into the US will be treated.
But in terms of sentiment, it's bad right now and that's usually a good thing for risk assets.
This article was written by Adam Button at www.forexlive.com. Read More Details
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