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Dow Jones will open up with a gap of 100 points as China confirmed it is not going to retaliate against USA tariffs

Dow Jones will open up with a gap of 100 points as China confirmed it is not going to retaliate against USA tariffs.

Initially China increased tariffs on 75 Billion USD worth of products from USA.

Post that USA increased earlier tariffs by 5% on 550 Billion USD products.

Currently China confirmed that it is not going retaliate against increased tariffs by USA.

It's a bit positive sign for markets. Better China and USA sit together and solve their trade war soon so that to benefit companies in USA and China and also people in USA and China.

Better USA and China create win-win situation and end trade war peacefuly without not getting into personal egos.

Otherwise both USA and China companies will end in trouble. Finally will result severe negative impact on USA and China economies.

Thursday, August 29, 2019 - 18:16