Hi CK Meanwhile the attack on the independence of the FED The...

Hi CK
Meanwhile the attack on the independence of the FED

The Fed is basically a private corporation so the Gov should control them as they do in Aust.

TRADE WAR:

Very fluid and will remain so IMHO as it is about politics not trade

In June 2025, Chinese goods imported into the United States face a baseline 10% tariff, with additional, product-specific tariffs ranging from 7.5% to 100%.

In June 2025, U.S. goods entering China are subject to a 10% baseline tariff, as part of a trade deal agreed upon in June 2025. This is in addition to other tariffs that may be in place, such as those related to steel, aluminum, and derivatives, or those imposed under the IEEPA

China itself imposes its own import restrictions on certain goods, including those deemed detrimental to its political, economic, cultural, or moral interests.