05 Apr
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Good morning! Here’s what you need to know on Friday. 1, Risk aversion has reared its head in early Asian trade on Friday following news that Donald Trump has asked the US Trade Representative (USTR) to consider an additional $US100 billion in tariffs on Chinese imports.”In light of China’s unfair retaliation, I have instructed the USTR to consider whether $US100 billion of additional tariffs would be appropriate under section 301 and, if so, to identify the products upon which to impose such tariffs,” Trump said in a statement released by the White House.
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