Trump Threats For Another Tariff Hike on China Shocked The Investing Community

  • Nov 20, 2019 AEDT
  • Team Kalkine

The United States President Donald Trump shocked the investment community around the globe with another threat of a tariff hike if no deal is reached with Beijing to end a trade war.

The Brent crude oil futures took a hit post the local media in the United States reported the words drummed at the cabinet meeting. The Brent crude oil futures dropped by over 2.70 per cent to settle at USD 60.75 a barrel on 19 November 2019 against its previous close of USD 62.44 a barrel.

 

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There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

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