US-China Trade War: Could US Brands Face a Backlash in China?
China imposed tariffs on $3.0 billion in imports from the United States in retaliation for US duties on Chinese steel and aluminum exports.
Equity markets, which have rallied since President Donald Trump’s election, have come under pressure this year.
Rising tensions between the United States and Russia over Syria and other key issues could work to the detriment of copper prices.
Higher US inflation could be the unintended consequence of a trade war.
Aluminum prices rose sharply after the imposition of sanctions on RUSAL, which accounts for ~6.0% of global aluminum production.
In this series, we’ll look at the commodities that have been impacted by President Trump’s trade policies.
U.S. Steel Corporation stock has gained 2% in 2018 based on the closing prices on April 10. SPY has fallen 0.64% during this period.
RUSAL has been targeted with tariffs, which supported US aluminum premiums and aluminum prices.
In 2018, we could see risk take center stage. Due to increased uncertainty in markets, equity investors would expect a higher return on their investments.
Despite efforts to defuse trade tensions between the world’s two largest economies, we haven’t seen much of an improvement.