This comes after the US Court of International Trade blocked Trump's reciprocal tariffs overnight, leaving for some entanglement on what might come next. Trump will most certainly appeal this and get it all fast tracked but it remains to be seen if the ruling can even be overturned. Again, Trump can still go down the road of national security like he did with steel and aluminum tariffs but that is going to take time to sort out the process. In the meantime, we are likely to see reduced tariffs come into effect but how will that play into a market that is also worried by the US deficit? Lower tariffs=lower revenue for the government. Hmm. There's plenty to consider, so this is just the start of what might be a hectic end to the week.
This article was written by Justin Low at www.forexlive.com. Read More Details
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