Wilbur Ross said China is running out of bullets in trade dispute

Wibur Ross said China is running out of bullets in trade dispute. The U.S made a great deal with Mexico and Canada have a few days left to make a new deal. In the meantime, the tariffs on China is now 10 percent, or $200 billion on Chinese exports.

The U.S exports less to China than China exports to the U.S. Therefore, this trade war will hurt China more than the U.S, and President Trump`s regulations and tax cuts is whats really driving the U.S economy right now.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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