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Short Term Trading Weekend Lounge: 31 May - 2 June, page-53

  1. 14,135 Posts.
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    Trump is hammering China.

    Trump has started on Mexico.

    Trump now targeting India.

    Japan worried they will be next in the firing line.

    Trump Ends India’s Trade Designation as a Developing Nation.

    "
    President Donald Trump terminated India’s designation as a developing nation under a trade program, eliminating an exception that allowed the country to export nearly 2,000 products to the U.S. duty-free.“I have determined that India has not assured the United States that India will provide equitable and reasonable access to its markets,” Trump said in a proclamation on Friday evening. “Accordingly, it is appropriate to terminate India’s designation as a beneficiary developing country effective June 5, 2019.”"

    https://www.bloomberg.com/news/articles/2019-06-01/trump-ends-india-s-trade-designation-as-a-developing-nation?srnd=premium-asia
 
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