The tramp again began the attack in trade with the EU
As reported by the “Wall Street Journal” on Wednesday, trump again launches an attack in trade with the EU. He intends to reduce the supply of aluminum and steel at 10% and is not ready for any concessions. At the same time, China firmly marked its position and gave the United States its plug solutions in bilateral trade. Moreover, its requirements look the same as trump’s head and the opportunity to bargain.
American investors are now extremely cautious on the market, believing that the situation is still far from complete, and the trade dispute may still go to the acute phase. All these negative news are juxtaposed with record results for first quarter 2018 in the industrial and financial sectors in the United States, so the question of deterrence, for the most part limited to geopolitical news.
For Russia this news is also important as due to changes in the market of ferrous and nonferrous metallurgy, and opportunities at the beginning of SPIEF in Saint Petersburg to discuss with China and the EU to increase trade turnover. The pragmatism of economic and political leadership of the country allows you to benefit from the tensions of the US with the world and to increase its market share. For investors, the changes will be visible already at the end of this year, and the President will be able to do so, and again to return to the Russian economy in the first five leaders.
The head of the analytical Department of the company,
“International financial center”