“We think the takeaway is to lower expectations for what might emerge from talks between U.S. and Chinese officials this weekend,” Nancy Vanden Houten, U.S. economist at Oxford Economics, wrote in a research note on Saturday.
Ms. Vanden Houten explained that even if the United States reduces the tariff rate on Chinese imports to 80 percent, the overall effective tariff rate for imports would be three times higher than projections from when Mr. Trump was elected.
“We think the takeaway is to lower expectations for what might...
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Last
$2.67 |
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-0.010(0.37%) |
Mkt cap ! $3.455B | |||
| Open | High | Low | Value | Volume |
| $2.69 | $2.75 | $2.61 | $59.38M | 22.21M |
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| No. | Vol. | Price($) |
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| 4 | 7295 | $2.66 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 104541 | 1 |
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| ZIP (ASX) Chart |