Trump's decision to escalate the tariff war a "strategic mistake" – People’s Daily

Amid the US-China trade war escalation, China’s official Communist Party newspaper, People’s Daily, condemn the US President Trump’s retaliatory action in its weekend editorial piece.

Key Quotes:

Trump's decision to escalate the tariff war a "strategic mistake".

China will not give in to America's "unreasonable demands".

Latest move makes it impossible for Washington to "win" the trade war.

  •  Breaking: Trump retaliates to Chinese tariffs by announcing fresh tariffs on Chinese products
  • China’s Vice Premier Liu: China is willing to resolve trade dispute with US via calm negotiations

USD/JPY jumps 55 pips on China's upbeat comments on trade

The bid tone around the Japanese Yen weakened, allowing a quick 55 pip jump in the USD/JPY pair after China's Vice Premier Liu He said China is willin
Read more Previous

USD/CHF: Value of CHF calls hits highest since March 2018

Risk reversals on Swiss Franc (CHF1MRR), a gauge of calls to puts, dropped to the lowest level in 17-months, indicating the investors are adding bets
Read more Next