China’s government is considering suspending its 125% tariff on some US imports, people familiar with the matter said, as the economic costs of the tit-for-tat trade war weigh heavily on certain industries. Authorities are considering removing the additional levies for medical equipment and some industrial chemicals like ethane, the people said, asking not to be identified discussing private deliberations. Meanwhile President Donald Trump said his administration was talking with China on trade, after Beijing denied the existence of negotiations on a deal and demanded the US revoke all unilateral tariffs.
Today’s guests: Leila Benali, Moroccan Minister of Energy Transition & Sustainable Development, Maria Municchi, M&G Investments Fund Manager, Amy Gower, Morgan Stanley Metals & Mining Commodities Strategist, Anke Reingen, RBC Capital Markets Co-Head of Global Financials Research.
Chapters:
00:00:00 – The Opening Trade
00:00:00 – Introduction
00:02:50 – China Vows Economic Support Amid Trade War
00:08:05 – Leila Benali, Moroccan Minister of Energy Transition & Sustainable Development
00:17:41 – Amy Gower, Morgan Stanley Metals & Mining Commodities Strategist
00:21:38 – Maria Municchi, M&G Investments Fund Manager
00:31:04 – Anke Reingen, RBC Capital Markets Co-Head of Global Financials Research
00:38:45 – Canadian Election on Monday
00:42:07 – Trump Ramps Up Pressure on Russia
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