Yes, you guessed it right.
All by the SNAP of Trump’s fingers.On Sunday the US president decided to snap his fingers and tweeted that tariffs of 10% on certain goods would rise to 25% on Friday, and $325bn of untaxed goods could face 25% duties “shortly”.
This has caused both US and Chinese stock markets to dive.
For months, investors and companies had been lulled into a sense of security that the world’s two largest economies appeared to be getting closer to a deal to resolve their battle.
That calm was utterly shattered this week.
How’s it all going to affect you? Yes YOU, the diligent Singaporean retail investor.
This is a serious, volatile and gloomy time for all investors.
Join us at this exclusive event to find out what Top traders think on Thursday, 16th May 2019, 7 – 9pm.
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