❗️China raises duties on goods from the US from 84% to 125%, – Reuters.
▪️The Ministry of Finance of China has stated that Country will ignore the extra duties of the United States on Chinese goods;
▪️China calls the US Cancel t. “Mutual duties” and to correct your misconduct;
▪️Against the backdrop of China's statement about raising duties against the United States The dollar fell to the lowest level in 10 years relative to the Swiss franc;
▪️Due to the US duty World trade can be reduced by 3-7%, and world GDP-by 0.7%. Developing countries are the most affected – the International Trade Center.
In the photo – the situation in the US markets at the time of closing👆
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